American International Group Inc [NYSE: AIG] price plunged by -0.85 percent to reach at -$0.64.
The one-year AIG stock forecast points to a potential upside of 11.8. The average equity rating for AIG stock is currently 1.90, trading closer to a bullish pattern in the stock market.
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Guru’s Opinion on American International Group Inc [AIG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AIG shares is $84.65 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AIG stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BMO Capital Markets have made an estimate for American International Group Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on October 15, 2024. While these analysts kept the previous recommendation, JP Morgan dropped their target price from $93 to $89. The new note on the price target was released on October 10, 2024, representing the official price target for American International Group Inc stock. Previously, the target price had yet another raise to $90, while Barclays analysts kept a Overweight rating on AIG stock.
The Average True Range (ATR) for American International Group Inc is set at 1.51, with the Price to Sales ratio for AIG stock in the period of the last 12 months amounting to 1.31. The Price to Book ratio for the last quarter was 1.04. Price to Free Cash Flow for AIG in the course of the last twelve months was 9.76.
AIG Stock Performance Analysis:
American International Group Inc [AIG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.88. With this latest performance, AIG shares dropped by -3.08% in over the last four-week period, additionally sinking by -5.39% over the last 6 months – not to mention a rise of 16.00% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AIG stock in for the last two-week period is set at 43.27, with the RSI for the last a single of trading hit 38.94, and the three-weeks RSI is set at 45.95 for American International Group Inc [AIG]. The present Moving Average for the last 50 days of trading for this stock 75.38, while it was recorded at 75.56 for the last single week of trading, and 75.20 for the last 200 days.
Insight into American International Group Inc Fundamentals:
American International Group Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.97.
AIG Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AIG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for American International Group Inc go to 19.00%.
American International Group Inc [AIG] Institutonal Ownership Details
There are presently around $94.50%, or 94.74%% of AIG stock, in the hands of institutional investors. The top three institutional holders of AIG stocks are: VANGUARD GROUP INC with ownership of 68.08 million shares, which is approximately 9.9734%. BLACKROCK INC., holding 57.15 million shares of the stock with an approximate value of $$4.24 billion in AIG stocks shares; and BLACKROCK INC., currently with $$3.1 billion in AIG stock with ownership which is approximately 6.116%.
