Citigroup (NYSE:C) analyst Suneet Kamath maintained a Hold rating on American International Group (NYSE:AIG) on Monday, setting a price target of $51, which is approximately 8.86% above the present share price of $46.85.
Kamath expects American International Group to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in American International Group, with an average price target of $52.9.
The analysts price targets range from a high of $60 to a low of $47.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $14.42 billion and a net profit of $0. The company's market cap is $40.36 billion.
According to TipRanks.com, Citigroup analyst Suneet Kamath is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 6.5% and a 61.54% success rate.
Founded in 1919, New York-based American International Group, Inc. is a finance and insurance corporation. The company provides 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, and Legacy Portfolio.