Bank of America Securities keeps Hold rating on American International Group

  • Joshua Shanker maintained a Hold rating on American International Group.
  • $87.69 is the average price target from analysts covering American International Group.
  • American International Group reported $7.09 billion in quarterly revenue for the period ended June 30.

Joshua Shanker of Bank of America Securities maintained a Hold rating on American International Group after its shares closed at $75.43. TipRanks rates Shanker as a 5-star analyst, with an average return of 7.0% and a 61.01% success rate. He covers the Financial sector, including Progressive, Allstate and W. R. Berkley Corporation. The analyst consensus on American International Group is a Moderate Buy, with an average price target of $87.69. For the quarter ended June 30, the company reported revenue of $7.09 billion and net profit of $948 million, compared with revenue of $7.04 billion and net profit of $1.14 billion a year earlier.

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Bank of America Securities keeps Hold rating on American International Group - CoinPost Terminal