On Nov 06, major Wall Street analysts update their ratings for $American International Group (AIG.US)$, with price targets ranging from $76 to $90.
Morgan Stanley analyst Bob Huang maintains with a hold rating, and maintains the target price at $80.
Barclays analyst Alex Scott maintains with a buy rating, and maintains the target price at $90.
Wells Fargo analyst Elyse Greenspan maintains with a hold rating, and adjusts the target price from $77 to $76.
Evercore analyst David Motemaden maintains with a hold rating, and maintains the target price at $79.
TD Cowen analyst Andrew Kligerman maintains with a hold rating, and adjusts the target price from $80 to $85.
Furthermore, according to the comprehensive report, the opinions of $American International Group (AIG.US)$'s main analysts recently are as follows:
Shares of AIG experienced a decline following the earnings announcement due to projections of lower net interest income in Q4 and a forecasted 10% return on equity (ROE) in 2024. Although this outlook may contain an element of caution, expectations are set for a 10.3% ROE in 2025 and further improvement to 10.8% in 2026.
Despite surpassing earnings expectations in the third quarter, there was a miss in underwriting loss ratio and adjustments in reserves, which may lead to apprehensions considering the market's reaction to similar situations with other stocks. Post-earnings report, estimates were marginally adjusted downwards to account for a modest increase in general operating expenses, a reduction in share repurchases for the quarter, and a slightly decreased forecast for future buybacks, balanced by improved net interest income.
Here are the latest investment ratings and price targets for $American International Group (AIG.US)$ from 8 analysts:
Note:
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