Goldman Sachs Comments on AIG's (Q1)
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Goldman Sachs maintained a Neutral rating on American International Group (NYSE: AIG) with a price target of $50.00. Comments follow Q1 results.
Analyst Michael Nannizzi said, "AIG reported 1Q14 operating EPS of $1.21 vs. GS/consensus $1.05/$1.06. Although AIG beat estimates, P&C, the investor focal point, fell short. This shortfall was more than offset by better results in the Life segment (driven by alternatives) and mark-to-market gains in the Direct Investment Book (DIB). Capital deployment exceeded expectations as well, despite lack of clarity on non-bank SIFI."
For an analyst ratings summary and ratings history on American International Group click here. For more ratings news on American International Group click here.
Shares of American International Group closed at $52.72 yesterday.
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