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.
Several price targets were given for AIG by the analysts covering the stock. The highest price target was 76, which equates to a potential upside of 16.62 percent. The most pessimistic analyst gave a price target of 57, implying a possible loss of -12.54 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -1.63 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.4 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 4.14 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, 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.
AIG has an estimated earnings growth rate of 1520.11 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 below the high by 3.41 percent. 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 market cap of AIG is $60.35 billion. AIG will post this quarters earnings in days, on 0000-00-00.