American International Group, Inc. (NYSE:AIG) registered a -1.23% decrease, still its new closing price is 36.12% up from the company’s 1 year high of 67.47.It posted -2.00% losses in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 6 buy or better ratings. The 21 stock analysts following this company have an average price target at $72.13, with individual PT in the $64.00-$80.00 range. The shares moved at $65.21, implying that brokerage firms see shares gaining about 21.88% in twelve months time.
American International Group, Inc. (AIG) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -0.15% fall year to date. A Executive Vice President at American International Group, Inc. (AIG) offloaded shares in a transaction closed on Friday December 09, 2016. Hogan Kevin T. sold 249 shares in the company at $65.78 each and collected $16,000 in proceeds. Hogan Kevin T. now owns 16,227 shares in the company after this transaction. A Director in the company, Fisher Peter R., disclosed a transaction on Tuesday May 05, 2015 that ended up paying $248,000 from the purchase of 4,280 shares at $57.99 per share.
American International Group, Inc. (NYSE:AIG) Upcoming Results on Tap
American International Group, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $1.36 in that period. Sales during the quarter are predicted to arrive at $12.59 billion.
Earnings surprise history: Last quarter, the company posted approximately $13.6 billion in revenue and EPS of $1.23. The mean forecast was for $13.02 billion and $1.21 a share, respectively. One quarter earlier, revenue for the stock was at $13.57 billion, with earnings at $0.98/share.
American International Group, Inc. (AIG) Brokerage Update
American International Group, Inc. (AIG) is in Credit Suisse’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Neutral by Credit Suisse, according to news reported on Friday January 06, 2017.Another important research note was issued by Wells Fargo on Tuesday May 17, 2016.The firm upgraded AIG to Outperform from Market Perform. Over the last six months and over the last three months, the shares of American International Group, Inc. (AIG), have changed 20.27% and 7.24%, respectively.