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RBC Capital Stick to Their Buy Rating for American International Group

Published 08/08/2021, 10:04 PM
Updated 08/08/2021, 10:04 PM


RBC Capital analyst Mark Dwelle maintained a Buy rating on American International Group (NYSE:AIG) on Friday, setting a price target of $60, which is approximately 17.76% above the present share price of $50.95.

Dwelle expects American International Group to post earnings per share (EPS) of $4.45 for the third quarter of 2021.

The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in American International Group, with an average price target of $54.89.
The analysts price targets range from a high of $60 to a low of $50.

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 $43.89 billion.

According to TipRanks.com, RBC Capital analyst Mark Dwelle is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.2% and a 64.12% 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.

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