Ratings for American Intl Gr AIG were provided by 13 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 4 | 8 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 1 | 1 | 3 | 0 | 0 |
| 3M Ago | 0 | 2 | 3 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $83.85, with a high estimate of $89.00 and a low estimate of $79.00. Witnessing a positive shift, the current average has risen by 5.14% from the previous average price target of $79.75.
Interpreting Analyst Ratings: A Closer Look
The standing of American Intl Gr among financial experts is revealed through an in-depth exploration 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 |
|---|---|---|---|---|---|
| Joshua Shanker | B of A Securities | Raises | Neutral | $84.00 | $82.00 |
| Vikram Gandhi | HSBC | Announces | Hold | $86.00 | $86.00 |
| Michael Zaremski | BMO Capital | Raises | Outperform | $89.00 | $88.00 |
| 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 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to American Intl Gr. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of American Intl Gr compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of American Intl Gr's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of American Intl Gr's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on American Intl Gr analyst ratings.
Get to Know American Intl Gr Better
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.
American Intl Gr's Financial Performance
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. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 9.48%, the company showcases strong profitability and effective cost control.
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 financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.22%, the company showcases efficient use of assets and strong financial health.
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.
How Are Analyst Ratings Determined?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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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