American International Group (NYSE:AIG) Target Raised by Barclays PLC to $59.00

American International Group stock has undergone multiple analysts rating changes in the recent past.  American International Group stock Target Raised by Barclays PLC on 10/12/2021. In a note to investors, the firm issued a new target price of $59.00. The analysts previously had $53.00 target price. Barclays PLC’s price target would indicate a potential upside of 1.92% from the stock’s previous close.

Shares of American International Group traded down -$0.18 on monday, reaching $57.72. 434496 shares of the stock traded hands, compared to its average volume of 4659994. On monday, Shares of American International Group closed at $57.72. The firm’s 50 day moving average is $54.14 and its 200 day moving average is $48.17.American International Group  has a 12 month low of $29.12 and a 12 month high of $58.86. While on yearly highs and lows, American International Group today has traded high as $58.43 and has touched $57.36 on the downward trend.

American International Group Earnings and What to expect: 

American International Group last announced its quarterly earnings results on August 4th, 2021. The insurance provider reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.32. The company had revenue of $11.99 billion for the quarter, compared to analyst estimates of $11.56 billion. American International Group has generated $2.52 earnings per share over the last year ($4.77 diluted earnings per share) and currently has a price-to-earnings ratio of 12.1. Earnings for American International Group are expected to grow by 13.21% in the coming year, from $4.92 to $5.57 per share. American International Group has confirmed that its next quarterly earnings report will be published on Thursday, November 4th, 2021. American International Group will be holding an earnings conference call on Friday, November 5th at 8:30 AM Eastern. Interested parties can .

Earnings for American International Group are expected to grow by 13.21% in the coming year, from $4.92 to $5.57 per share. The P/E ratio of American International Group is 12.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.27. The P/E ratio of American International Group is 12.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 13.60. American International Group has a PEG Ratio of 1.11. PEG Ratios above 1 indicate that a company could be overvalued. American International Group has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

American International Group (NYSE:AIG) Moving Average Technical Analysis

5 day Moving Average is $$57.49 And 5 day price change is $2.07 (3.71%)  with average volume for 5 day average is 3,480,280. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $55.44 and 20 day price change is $2.77 (5.03%) and average 20 day moving volume is 4,780,100. 50 day moving average is $54.14  and 50 day price change is $10.54 ( 22.26%)  and with average volume for 50 days is : 4,553,306. 200 day moving average is $48.17  and 200 day price change is $20.45 (54.62%)  and with average volume for 200 days is : 4,346,370.

Other owners latest trading in American International Group :

  • On 10/12/2021 shares held by First Hawaiian Bank were 32,876 which equates to market value of $1.81M and appx 0.10% owners of American International Group
  • On 10/8/2021 shares held by Timber Creek Capital Management LLC were 135,205 which equates to market value of $7.42M and appx 2.40% owners of American International Group
  • On 10/8/2021 shares held by Golden Green Inc. were 6,936 which equates to market value of $0.38M and appx 0.30% owners of American International Group
  • In total Institutional ownership equates to Institutional Ownership Percentage: 89.09% for American International Group

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