Somewhat Favorable News Coverage Somewhat Unlikely to Impact American International Group (NYSE:AIG) Share Price
Media headlines about American International Group (NYSE:AIG) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American International Group earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news articles about the insurance provider an impact score of 46.1326609519597 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Stock in the Spotlight – American International Group, Inc. (AIG) – android media cell (androidmediacell.com)
- American International Group Inc (AIG) Forecasted to Earn FY2017 Earnings of $2.38 Per Share (americanbankingnews.com)
- AIG: Game Changer? – Seeking Alpha (seekingalpha.com)
- WeissLaw LLP Investigates Validus Holdings Ltd Acquisition (finance.yahoo.com)
- Will These Stocks Remain Hot? American International Group, Inc. (AIG), Sempra Energy (SRE) – Market Movers (financialqz.com)
American International Group (AIG) traded down $0.52 during trading hours on Tuesday, reaching $63.74. The company had a trading volume of 1,069,809 shares, compared to its average volume of 5,884,465. American International Group has a twelve month low of $57.85 and a twelve month high of $67.30. The firm has a market cap of $58,144.70, a price-to-earnings ratio of -25.32, a P/E/G ratio of 1.06 and a beta of 1.18. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.43.
A number of research analysts have recently weighed in on AIG shares. Deutsche Bank upgraded American International Group from a “sell” rating to a “hold” rating and raised their price target for the company from $58.00 to $59.00 in a research report on Wednesday, December 6th. Bank of America decreased their price objective on American International Group from $71.00 to $69.00 and set a “buy” rating on the stock in a research note on Tuesday, October 10th. Zacks Investment Research lowered American International Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Wells Fargo & Co reaffirmed a “buy” rating on shares of American International Group in a research note on Tuesday, January 2nd. Finally, Morgan Stanley reissued a “buy” rating on shares of American International Group in a research note on Tuesday, October 10th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $67.46.
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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