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American International Group, I found using the ticker (AIG) now has 12 analysts covering the stock with a consensus suggesting a Buy rating. The range between the high price target and the low price target is between 83 and 53, with an average price target of 64.75. With the stock’s previous close of 51.85, this indicates a potential upside of 24.9%. The 50 day moving average is now 52.53 and the 200 day moving average is 56.39. The company’s market cap is $40,492 million. Visit the company website at: https://www.aig.com
The potential market cap would be $50,566 million based on market consensus.
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American International Group offers insurance products to commercial, institutional and individual clients in North America and internationally. The company’s general insurance segment provides general liability, environmental liability, commercial auto liability, workers’ compensation, casualty and crisis management insurance products; Commercial, industrial and energy-related property insurance; and space, political risk, trade credit, portfolio solutions, crop and marine insurance. It also provides professional liability insurance products for a range of businesses and risks, including directors and officers, mergers and acquisitions, loyalty, employment practices, fiduciary liability, cyber risk, hijacking and ransom, and errors and omissions insurance. In addition, this segment offers personal auto and property insurance such as auto, homeowner, umbrella, yacht, fine art and collectibles; voluntary and sponsored personal accident; Complementary health products; insurance products with extended warranty; and travel insurance products. Its Life and Retirement segment offers variable annuities, index and fixed annuities and retail mutual funds; financial planning and advisory services; record keeping, administrative plans and compliance services; and term and universal life insurance. It also provides stable value products and structured annuities for retirement risk settlement and transfer; and corporate and bank life insurance and guaranteed investment contracts. This segment sells its products through independent marketing organizations, independent insurance agents, financial advisors, direct marketing, banks and broker-dealers. The company was founded in 1919 and is headquartered in New York, New York.
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