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Wells Fargo Stick to Their Hold Rating for American International Group

Published 08/05/2021, 08:55 PM
WFC
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AIG
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Wells Fargo (NYSE:WFC) analyst Elyse Greenspan maintained a Hold rating on American International Group (NYSE:AIG) on Thursday, setting a price target of $53, which is approximately 12.55% above the present share price of $47.09.

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

The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in American International Group, with an average price target of $53.7.
The analysts price targets range from a high of $60 to a low of $47.

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 $40.57 billion.

According to TipRanks.com, Wells Fargo analyst Elyse Greenspan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 10.8% and a 63.03% 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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