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American International Group, Inc. (AIG) [hlAlert]

Rating:
Neutral AIG

American International Group, Inc. (AIG) rated Neutral with price target $35 by UBS

Posted on: Monday,  Dec 10, 2012  10:25 AM ET by UBS

UBS rated Neutral American International Group, Inc. (NYSE: AIG) on 12/10/2012. Previously UBS rated Buy American International Group, Inc. (NYSE: AIG) on
08/05/2008., when the stock price was $566.20. Since then, American International Group, Inc. has lost 94.28% as of 10/31/2008's recent price of $32.40.
If you would have followed the previous UBS's recommendation on AIG, you would have lost 94.27% of your investment in 87 days.

American International Group, Inc. (AIG) is a holding company which, through its subsidiaries, is engaged in a range of insurance and insurance-related activities in the United States and abroad. AIG?s primary activities include both General Insurance and Life Insurance & Retirement Services operations. Other significant activities include Financial Services and Asset Management. The Company operates in four segments: General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management. Through these operating segments, AIG provides insurance, financial and investment products and services to both businesses and individuals in more than 130 countries and jurisdictions. In December 2008, AIG?s United States life insurance companies sold its residential mortgage-backed securities portfolio to Maiden Lane II LLC. On April 1, 2009, AIG completed the sale of AIG Life of Canada to BMO Financial Group, and Hartford Steam Boiler to the Munich Re Group.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/10/2012 10:25 AM Hold
None
33.53 35.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/26/2012 11:25 AM Hold
None
32.57 36.00
6/3/2011 10:25 AM Hold
None
27.70 30.00
4/1/2011 12:25 PM Hold
None
35.19 39.00
1/21/2011 12:25 PM Hold
None
42.53 45.00
10/6/2009 8:25 AM Hold
None
43.77
10/31/2008 8:25 AM Hold
None
32.40
8/5/2008 8:25 AM Buy
None
566.20
6/19/2008 10:25 AM Hold
None
646.40 700.00
11/29/2007 9:25 AM Hold
None
1,147.20 1,220.00

(*) Stock Price at the time of the recommendation.
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