In the preceding three months, 15 analysts have released ratings for American Intl Gr AIG, presenting a wide array of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 5 | 8 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 1 | 2 | 4 | 0 | 0 |
2M Ago | 0 | 1 | 1 | 0 | 0 |
3M Ago | 1 | 2 | 2 | 0 | 0 |
Analysts have recently evaluated American Intl Gr and provided 12-month price targets. The average target is $81.8, accompanied by a high estimate of $89.00 and a low estimate of $74.00. Witnessing a positive shift, the current average has risen by 5.64% from the previous average price target of $77.43.
Interpreting Analyst Ratings: A Closer Look
A clear picture of American Intl Gr's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Elyse Greenspan | Wells Fargo | Raises | Equal-Weight | $82.00 | $80.00 |
David Motemaden | Evercore ISI Group | Raises | In-Line | $81.00 | $80.00 |
Paul Newsome | Piper Sandler | Raises | Overweight | $89.00 | $87.00 |
Michael Ward | Citigroup | Raises | Buy | $87.00 | $79.00 |
Michael Phillips | Morgan Stanley | Raises | Equal-Weight | $79.00 | $72.00 |
Elyse Greenspan | Wells Fargo | Raises | Equal-Weight | $80.00 | $74.00 |
David Motemaden | Evercore ISI Group | Raises | In-Line | $80.00 | $74.00 |
Meyer Shields | Keefe, Bruyette & Woods | Raises | Outperform | $86.00 | $82.00 |
Yaron Kinar | JP Morgan | Raises | Neutral | $80.00 | $73.00 |
Paul Newsome | Piper Sandler | Maintains | Overweight | $87.00 | - |
Brian Meredith | UBS | Raises | Buy | $84.00 | $83.00 |
Elyse Greenspan | Wells Fargo | Raises | Equal-Weight | $74.00 | $66.00 |
Joshua Shanker | B of A Securities | Raises | Neutral | $77.00 | $75.00 |
Scott Heleniak | RBC Capital | Raises | Outperform | $80.00 | $76.00 |
Michael Zaremski | BMO Capital | Lowers | Outperform | $81.00 | $83.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to American Intl Gr. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of American Intl Gr compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of American Intl Gr's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into American Intl Gr's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on American Intl Gr analyst ratings.
Unveiling the Story Behind American Intl Gr
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.
Understanding the Numbers: American Intl Gr's Finances
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: American Intl Gr displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 14.06%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.
Net Margin: American Intl Gr's net margin is impressive, surpassing industry averages. With a net margin of 9.48%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): American Intl Gr's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.71%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): American Intl Gr's ROA stands out, surpassing industry averages. With an impressive ROA of 0.22%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: American Intl Gr's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.51, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Analyst Ratings: What Are They?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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