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AIG’s Analyst Ratings Suggest a 10% Upside in Fiscal 2017

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Analysts’ ratings

American International Group’s (AIG) analyst ratings suggest a marginally weaker performance in the upcoming quarters. In June 2017, 13 of the 19 analysts covering AIG rated AIG as a “buy” or a “strong buy.” Five analysts rated it as a “hold,” and one analyst gave it an “underperform” rating.

Since March 2017, AIG’s ratings have declined marginally, with “buy” ratings declining from five to four. Its “hold” ratings have fallen from six to five, and one analyst gave it an “underperform” rating. Wall Street analysts have given AIG a one-year price target of $69, implying positive growth of ~9.3%.

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Insurance sector

In June 2017, 15 of the 20 analysts covering Chubb (CB) stock rated it as a “buy” or “strong buy,” and three analysts gave it a “hold.” Two analysts have rated it as “underperform” or “sell.” 

For Prudential Financial (PRU), seven of the 18 analysts covering the stock rated it either as a “buy” or “strong buy.” The remaining 11 analysts rated it as a “hold.”

For MetLife (MET), ten of the 18 analysts covering the stock rated it as a “buy” or a “strong buy.” Seven analysts rated it as a “hold,” and one analyst rated it as a “sell.” 

Together, these companies make up 7.4% of the Financial Select Sector SPDR ETF (XLF).

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