Market Overview

UPDATE: Deutsche Bank Raises PT to $47 on American International Group on Risk/Reward

Related AIG
After-Hours Management Shake Ups At Oracle, AIG, JetBlue, and Clorox
AIG Will Form New Operating Committee, Leadership Structure
Jettisoned from Wall Street, Cohen Plots Comeback Bid (Fox Business)

Deutsche Bank maintained American International Group (NYSE: AIG) with a Buy rating and raised the price target from $41.00 to $47.00.

Deutsche Bank commented, "AIG appears as a high beta risky name, but we believe the stock continues to hold attractive upside without significantly more risk than other insurers. We believe that bearish investors are focused too heavily on the low ROE and low EPS at AIG, ignoring the significant value to be unlocked by cash-generating assets that don't produce GAAP after-tax income."

American International Group closed at $37.06 on Monday.

Latest Ratings for AIG

DateFirmActionFromTo
Sep 2014CitigroupInitiates Coverage onBuy
Aug 2014Deutsche BankMaintainsHold
Aug 2014NomuraMaintainsNeutral

View More Analyst Ratings for AIG
View the Latest Analyst Ratings

Posted-In: Deutsche BankAnalyst Color Price Target Analyst Ratings

 

Related Articles (AIG)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters