American International Group, Inc. (AIG)

The article explores how AI is transforming the insurance sector, highlighting three companies leveraging artificial intelligence to improve efficiency, reduce costs, and potentially increase dividends: Progressive, Travelers, and American International Group.

GoldenMining, a cloud mining platform, has implemented enhanced compliance measures after the passage of the GENIUS Act, improving regulatory transparency and investor protection in cryptocurrency operations.

3M, a diversified conglomerate, has faced major challenges in recent years, including sluggish sales, safety-related recalls, and billions in legal settlements. However, the company's business has gradually stabilized, and its new CEO is taking steps to improve its performance, such as accelerating R&D and new product launches. While 3M's stock is reasonably valued, its turnaround efforts could take time to bear fruit, and there may be better investment options available.

American International Group, Inc. (AIG) reported weaker-than-expected Q2 2024 results, with adjusted earnings per share missing the consensus estimate by 16.6%. The decline was driven by higher catastrophe losses and expenses, partially offset by improved net investment income and strength in the Global Commercial segment.

Analysts' ratings for American Intl Gr (NYSE:AIG) over the last quarter vary from bullish to bearish, as provided by 14 analysts. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 4 9 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 1 3 0 0 3M Ago 1 3 4 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $83.43, a high estimate of $89.00, and a low estimate of $78.00. This upward trend is apparent, with the current average reflecting a 4.48% increase from the previous average price target of $79.85. Deciphering Analyst Ratings: An In-Depth Analysis An in-depth analysis of recent analyst actions unveils how financial experts perceive American Intl Gr. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target David Motemaden Evercore ISI Group Lowers In-Line $78.00 $81.00 Joshua Shanker B of A Securities Raises Neutral $84.00 $82.00 Vikram Gandhi HSBC Announces Hold $86.00 $86.00 Michael Zaremski BMO Capital Raises Outperform $89.00 $88.00 Elyse Greenspan Wells Fargo Raises Equal-Weight $82.00 $80.00 David Motemaden Evercore ISI Group Raises In-Line $81.00 $80.00 Paul Newsome Piper Sandler Raises Overweight $89.00 $87.00 Michael Ward Citigroup Raises Buy $87.00 $79.00 Michael Phillips Morgan Stanley Raises Equal-Weight $79.00 $72.00 Elyse Greenspan Wells Fargo Raises Equal-Weight $80.00 $74.00 David Motemaden Evercore ISI Group Raises In-Line $80.00 $74.00 Meyer Shields Keefe, Bruyette & Woods Raises Outperform $86.00 $82.00 Yaron Kinar JP Morgan Raises Neutral $80.00 $73.00 Paul Newsome Piper Sandler Maintains Overweight $87.00 - Key Insights: Action Taken: Analysts frequently update their recommendations based on ...Full story available on Benzinga.com