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

Rating:
Mkt Perform
AIG

American International Group, Inc. (AIG) rated Mkt Perform with price target $53 by Keefe Bruyette

Posted on: Friday,  Feb 29, 2008  8:25 AM ET by Keefe Bruyette

American Intl (AIG) rated
Mkt Perform with price target $53 by Keefe Bruyette.

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.

KBW produces industry-leading research on more financial services companies than any other brokerage firm. Our Research Group follows the majority of the financial services companies in the S&P 500 and Dow Jones STOXX 600 Index, as well as hundreds of other U.S. and European financial services companies on a daily basis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/29/2008 8:25 AM Hold
None
934.60 1,060.00
as of 12/24/2008
1 Week down  -9.87 %
1 Month up  5.03 %
3 Months up  6.56 %
1 YTD down  -96.68 %

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