CFRA analyst Catherine Seifert maintained a Buy rating on American International Group (AIG – Research Report) on May 16 and set a price target of $90.00. The company’s shares closed last Friday at $80.54.
Seifert covers the Financial sector, focusing on stocks such as Cincinnati Financial, Progressive, and Globe Life. According to TipRanks, Seifert has an average return of 15.1% and an 85.00% success rate on recommended stocks.
In addition to CFRA, American International Group also received a Buy from BMO Capital’s Michael Zaremski in a report issued on May 13. However, on May 16, Wells Fargo maintained a Hold rating on American International Group (NYSE: AIG).
The company has a one-year high of $80.83 and a one-year low of $51.60. Currently, American International Group has an average volume of 4.1M.
Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is neutral on the stock. Most recently, in March 2024, Peter Zaffino, the Chairman & CEO of AIG sold 333,000.00 shares for a total of $25,265,115.72.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
American International Group (AIG) Company Description:
Founded in 1919, New York-based American International Group, Inc. is a finance and insurance corporation. The company provides a range of property casualty insurance, life insurance, retirement products, and other financial services to commercial and individual customers. It operates through the following segments: General Insurance, Life and Retirement, and Legacy Portfolio.
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