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Barclays Keeps Their Hold Rating on American International Group (AIG)

Tipranks - Tipranks - Thu Feb 12, 7:30PM CST

Barclays analyst Alex Scott maintained a Hold rating on American International Group on February 10 and set a price target of $79.00.

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Scott covers the Financial sector, focusing on stocks such as Allstate, Arthur J Gallagher & Co, and Prudential Financial. According to TipRanks, Scott has an average return of 6.1% and a 51.69% success rate on recommended stocks.

In addition to Barclays, American International Group also received a Hold from Goldman Sachs’s Robert Cox CFA in a report issued yesterday. However, on the same day, Piper Sandler maintained a Buy rating on American International Group (NYSE: AIG).

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Based on American International Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.4 billion and a net profit of $519 million. In comparison, last year the company earned a revenue of $6.76 billion and had a net profit of $459 million

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