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American International Group (NYSE:AIG)‘s stock had its “neutral” rating reaffirmed by Zacks in a research note issued on Tuesday. They currently have a $55.00 price target on the stock. Zacks‘s target price would suggest a potential upside of 5.36% from the stock’s previous close.

Shares of American International Group (NYSE:AIG) traded down 0.87% on Tuesday, hitting $52.20. The stock had a trading volume of 22,628,786 shares. American International Group has a 52-week low of $45.94 and a 52-week high of $56.00. The stock’s 50-day moving average is $54.68 and its 200-day moving average is $51.89. The company has a market cap of $75.515 billion and a price-to-earnings ratio of 9.18. American International Group also was the recipient of some unusual options trading activity on Monday. Stock investors acquired 13,855 put options on the stock. This is an increase of approximately 207% compared to the typical daily volume of 4,516 put options.

American International Group (NYSE:AIG) last released its earnings data on Monday, August 4th. The company reported $1.25 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.05 by $0.20. The company had revenue of $8.53 billion for the quarter, compared to the consensus estimate of $8.13 billion. During the same quarter in the prior year, the company posted $1.12 earnings per share. The company’s quarterly revenue was up 2.2% on a year-over-year basis. Analysts expect that American International Group will post $4.45 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Thursday, September 25th. Shareholders of record on Thursday, September 11th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Tuesday, September 9th.

A number of other analysts have also recently weighed in on AIG. Analysts at Sterne Agee reiterated a “neutral” rating on shares of American International Group in a research note on Thursday, July 17th. They now have a $57.00 price target on the stock, up previously from $56.00. Separately, analysts at RBC Capital initiated coverage on shares of American International Group in a research note on Wednesday, July 16th. They set an “outperform” rating and a $64.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of American International Group in a research note on Tuesday, July 1st. They now have a $57.00 price target on the stock, down previously from $64.00. Nine investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $57.18.

American International Group, Inc (NYSE:AIG) is a global insurance company.

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