Android app on Google Play

AIG (AIG) EPS Could Reach $4.37 by 2015 - Goldman

February 25, 2013 11:26 AM EST Send to a Friend
Get Alerts AIG Hot Sheet
Price: $54.70 -0.74%

Rating Summary:
    14 Buy, 11 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 20 | Down: 9 | New: 24
Trade AIG Now!
Join SI Premium – FREE
Last week AIG (NYSE: AIG) reported Q4 results that topped estimates. In response, Goldman Sachs put out a note today discussing the stock, and analysts pointed out improvements in the rate-driven loss ratio. They also said AIG was entering the "fundamental stage of the story".

"We have more confidence now that significant rate-driven loss ratio improvement in US commercial lines can more than offset the drag from a high expense ratio in the consumer segment and drive substantial margin expansion," said analyst Michael Nannizzi.

Goldman sees 2015 EPS of $4.37, implying 20 percent earnings growth. The firm has a Buy rating on American International Group with a price target of $43.00

For an analyst ratings summary and ratings history on American International Group (NYSE: AIG) click here. For more ratings news on American International Group click here.

Shares of American International Group closed at $38.45 yesterday.




You May Also Be Interested In


Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View

Related Entities

Earnings

Add Your Comment