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

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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, with a 52 week range of $27.18-$39.90.

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