Analyst Ratings for American International Group Inc. (AIG)Updated: 2017-07-28
Analysts covering American International Group Inc. (NYSE:AIG) have given it a consensus rating of Overweight. AIG had previously received a consensus rating of Overweight a month ago.
12 analysts declared AIG a buy, 2 gave an overweight rating, 5 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for AIG. The most optimistic price target was 76, implying potential capital gains of 16.62 percent. The minimum price target given was 57, implying potential capital losses of -12.54 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.63 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.4 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.14 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 4 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 3 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of AIG to grow at a rate of 1520.11 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of AIG is 0.14.
AIG has traded between a high of 67.47 and a low of 53.93 over the past year. Currently the stock is 20.84 percent higher than its low, and 3.41 percent below the high. AIG has a price/earnings ratio of 210.29. Investors typically compare the P/E ratio to a company's peers in the industry. The AIG value stock report compares AIG to some of its peers using value stock charts. The stock has a market capitalization of $60.35 billion. AIG's next earnings release will be on 0000-00-00, which is days away.