News coverage about American International Group (NYSE:AIG) has been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. American International Group earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the insurance provider an impact score of 46.2493117726867 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
Shares of American International Group (NYSE AIG) opened at $63.04 on Friday. The stock has a market capitalization of $56,670.00, a price-to-earnings ratio of -25.32, a PEG ratio of 1.05 and a beta of 1.17. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.43. American International Group has a 52-week low of $57.85 and a 52-week high of $67.30.
American International Group (NYSE:AIG) last announced its earnings results on Thursday, November 2nd. The insurance provider reported ($1.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.23 by ($2.45). The company had revenue of $12.67 billion for the quarter, compared to analyst estimates of $12.05 billion. American International Group had a positive return on equity of 3.43% and a negative net margin of 5.07%. During the same period last year, the firm earned $1.23 earnings per share. research analysts anticipate that American International Group will post 2.63 EPS for the current fiscal year.
A number of research analysts have issued reports on AIG shares. Zacks Investment Research upgraded American International Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 12th. Deutsche Bank upgraded American International Group from a “sell” rating to a “hold” rating and upped their price objective for the company from $58.00 to $59.00 in a report on Wednesday, December 6th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $74.00 price objective on shares of American International Group in a report on Wednesday, December 6th. Wells Fargo & Co restated a “buy” rating on shares of American International Group in a report on Tuesday, January 2nd. Finally, Bank of America lowered American International Group from a “buy” rating to a “neutral” rating and set a $69.00 price objective for the company. in a report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $67.46.
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About American International Group
American International Group, Inc is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other financial services to commercial and individual customers. Its segments include Commercial Insurance, Consumer Insurance, Other Operations and Legacy Portfolio.
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