Barclays (LON:BARC) analyst Tracy Benguigui maintained a Hold rating on American International Group (NYSE:AIG) on Wednesday, setting a price target of $47, which is approximately 1.41% below the present share price of $47.67.
Benguigui expects American International Group to post earnings per share (EPS) of $0.00 for the first quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in American International Group, with an average price target of $46.33.
The analysts price targets range from a high of $55 to a low of $39.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $9.68 billion and a net profit of $0. The company's market cap is $41.07 billion.
According to TipRanks.com, Barclays analyst Tracy Benguigui is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 7.2% and a 75.00% success rate.
American International Group, Inc. engages in the provision of a range of property casualty insurance, life insurance, retirement products, and other financial services to commercial and individual customers. It operates through the following segments: General Insurance, Life and Retirement, Other Operations, and Legacy Portfolio. The General Insurance segment consists of insurance businesses in North America and International business areas. The Life and Retirement segment includes Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets. The Other Operations segment covers income from assets held by the company and other corporate subsidiaries. The Legacy Portfolio segment consists of run-off insurance lines and legacy investments. The company was founded by Cornelius Vander Starr in 1919 and is headquartered in New York, NY.