UBS Has Just Given American International Group (NYSE:AIG) a Higher Rating. Are Other Analysts Next?

May 18, 2018 - By Eugene Smith

American International Group, Inc. (NYSE:AIG) Logo

Investors sentiment decreased to 0.7 in Q4 2017. Its down 0.09, from 0.79 in 2017Q3. It turned negative, as 85 investors sold American International Group, Inc. shares while 290 reduced holdings. 74 funds opened positions while 189 raised stakes. 747.27 million shares or 0.10% less from 748.00 million shares in 2017Q3 were reported.

Tru Of Vermont reported 0.01% in American International Group, Inc. (NYSE:AIG). Fjarde Ap invested 0.23% of its portfolio in American International Group, Inc. (NYSE:AIG). Geode Management Ltd Liability Com stated it has 9.29M shares or 0.19% of all its holdings. D E Shaw And Communication stated it has 0% in American International Group, Inc. (NYSE:AIG). Telemus Ltd Liability Corp has invested 0.1% in American International Group, Inc. (NYSE:AIG). Icon Advisers Incorporated stated it has 139,740 shares. Pggm Invests owns 0.46% invested in American International Group, Inc. (NYSE:AIG) for 1.37M shares. Cs Mckee L P accumulated 382,092 shares. Manchester Cap Mgmt Limited Liability Co reported 0.02% in American International Group, Inc. (NYSE:AIG). Moreover, Cheviot Value Mngmt Ltd Liability Com has 1.75% invested in American International Group, Inc. (NYSE:AIG). Strategy Asset Managers invested 1.74% in American International Group, Inc. (NYSE:AIG). Smith Salley And Assocs reported 91,079 shares. 64.27M were reported by Blackrock. Winfield Associates reported 160 shares. stated it has 263 shares.

Since February 15, 2018, it had 2 buys, and 2 selling transactions for $47,270 activity. 3,503 shares were sold by Macia Seraina, worth $209,164. Macartney Claudine sold $122,320 worth of stock. LEONARDI THOMAS B also bought $128,875 worth of American International Group, Inc. (NYSE:AIG) shares.

American International Group (NYSE:AIG) Stock Upgrade

UBS has upgraded shares of American International Group (NYSE:AIG) to a solid Buy in a report made public on today.

American International Group, Inc. (NYSE:AIG) Ratings Coverage

Among 10 analysts covering American International Gr (NYSE:AIG), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. American International Gr has $76.0 highest and $58 lowest target. $66.14’s average target is 20.72% above currents $54.79 stock price. American International Gr had 15 analyst reports since December 4, 2017 according to SRatingsIntel. Goldman Sachs upgraded American International Group, Inc. (NYSE:AIG) on Thursday, May 10 to “Buy” rating. Buckingham Research upgraded the shares of AIG in report on Friday, April 27 to “Neutral” rating. The stock of American International Group, Inc. (NYSE:AIG) has “Buy” rating given on Friday, February 9 by Bank of America. FBR Capital maintained American International Group, Inc. (NYSE:AIG) rating on Monday, April 16. FBR Capital has “Hold” rating and $5900 target. On Monday, February 26 the stock rating was maintained by Wells Fargo with “Buy”. The stock has “Hold” rating by Deutsche Bank on Wednesday, December 6. Keefe Bruyette & Woods maintained it with “Buy” rating and $76.0 target in Thursday, December 21 report. Barclays Capital maintained American International Group, Inc. (NYSE:AIG) rating on Tuesday, February 20. Barclays Capital has “Overweight” rating and $71 target. The stock of American International Group, Inc. (NYSE:AIG) has “Buy” rating given on Monday, January 22 by Credit Suisse. The stock of American International Group, Inc. (NYSE:AIG) has “Buy” rating given on Monday, May 14 by Wells Fargo.

The stock increased 2.01% or $1.08 during the last trading session, reaching $54.79. About 8.54 million shares traded or 18.10% up from the average. American International Group, Inc. (NYSE:AIG) has declined 11.73% since May 18, 2017 and is downtrending. It has underperformed by 23.28% the S&P500.

Analysts await American International Group, Inc. (NYSE:AIG) to report earnings on August, 1. They expect $1.26 EPS, down 17.65 % or $0.27 from last year’s $1.53 per share. AIG’s profit will be $1.13 billion for 10.87 P/E if the $1.26 EPS becomes a reality. After $1.04 actual EPS reported by American International Group, Inc. for the previous quarter, Wall Street now forecasts 21.15 % EPS growth.

American International Group, Inc. provides insurance products for commercial, institutional, and individual clients primarily in the United States, Europe, and Japan. The company has market cap of $49.18 billion. The companyÂ’s Commercial Insurance segment offers general liability, environmental, commercial automobile liability, workersÂ’ compensation, excess casualty, and crisis management insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance; aerospace, political risk, trade credit, surety, and marine insurance; and various insurance products for small and medium sized enterprises. It currently has negative earnings. It also provides professional liability insurance products for a range of businesses and risks, including directors and officers liability, fidelity, employment practices, fiduciary liability, cybersecurity risk, kidnap and ransom, and errors and omissions insurance.

More notable recent American International Group, Inc. (NYSE:AIG) news were published by: Benzinga.com which released: “AIG Notches Upgrade Ahead Of Q1 Report On Fundamental Improvements” on April 27, 2018, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: AIG, Baxter, Cisco, Eiger Bio, Energy Transfer, Juniper, NOV, Phillips 66 …” published on May 17, 2018, Seekingalpha.com published: “AIG plunges nearly 10% after continued disappointment” on May 03, 2018. More interesting news about American International Group, Inc. (NYSE:AIG) were released by: Seekingalpha.com and their article: “Icahn throws in the towel in AIG” published on May 07, 2018 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For May 17, 2018” with publication date: May 17, 2018.

American International Group, Inc. (NYSE:AIG) Institutional Positions Chart

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