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Stock analysts at Raymond James increased their price target on shares of American Financial Group (NYSE:AFG) from $60.00 to $62.00 in a report issued on Thursday. The firm currently has an “outperform” rating on the stock. Raymond James’ price objective suggests a potential upside of 5.14% from the company’s current price.

Separately, analysts at Zacks downgraded shares of American Financial Group from an “outperform” rating to a “neutral” rating in a research note on Friday, May 23rd. They now have a $61.00 price target on the stock.

Shares of American Financial Group (NYSE:AFG) traded down 1.48% on Thursday, hitting $58.10. The stock had a trading volume of 259,864 shares. American Financial Group has a one year low of $51.18 and a one year high of $60.00. The stock’s 50-day moving average is $59. and its 200-day moving average is $57.48. The company has a market cap of $5.201 billion and a price-to-earnings ratio of 11.87.

American Financial Group (NYSE:AFG) last released its earnings data on Tuesday, May 6th. The company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.04. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $811.25 million. During the same quarter in the previous year, the company posted $0.92 earnings per share. On average, analysts predict that American Financial Group will post $4.75 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, July 25th. Stockholders of record on Tuesday, July 15th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.49%. The ex-dividend date is Friday, July 11th.

American Financial Group, Inc (NYSE:AFG) is a holding company, which through subsidiaries, is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses and in the sale of traditional fixed and fixed-indexed annuities in the individual, bank and education markets.

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