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A Quick Look at Today's Ratings for American International Group(AIG.US), With a Forecast Between $76 to $90

Futu News ·  Nov 6 21:00  · Ratings

On Nov 06, major Wall Street analysts update their ratings for $American International Group (AIG.US)$, with price targets ranging from $76 to $90.

Morgan Stanley analyst Bob Huang maintains with a hold rating, and maintains the target price at $80.

Barclays analyst Alex Scott maintains with a buy rating, and maintains the target price at $90.

Wells Fargo analyst Elyse Greenspan maintains with a hold rating, and adjusts the target price from $77 to $76.

Evercore analyst David Motemaden maintains with a hold rating, and maintains the target price at $79.

TD Cowen analyst Andrew Kligerman maintains with a hold rating, and adjusts the target price from $80 to $85.

Furthermore, according to the comprehensive report, the opinions of $American International Group (AIG.US)$'s main analysts recently are as follows:

  • Shares of AIG experienced a decline following the earnings announcement due to projections of lower net interest income in Q4 and a forecasted 10% return on equity (ROE) in 2024. Although this outlook may contain an element of caution, expectations are set for a 10.3% ROE in 2025 and further improvement to 10.8% in 2026.

  • Despite surpassing earnings expectations in the third quarter, there was a miss in underwriting loss ratio and adjustments in reserves, which may lead to apprehensions considering the market's reaction to similar situations with other stocks. Post-earnings report, estimates were marginally adjusted downwards to account for a modest increase in general operating expenses, a reduction in share repurchases for the quarter, and a slightly decreased forecast for future buybacks, balanced by improved net interest income.

Here are the latest investment ratings and price targets for $American International Group (AIG.US)$ from 8 analysts:

StockTodayLatestRating_nn_202195_20241106_en

Note:

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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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