Based on the provided data and current market conditions, here's a concise analysis of AIG stock:
Technical Analysis
AIG is currently trading at $75.20 with a +0.68% gain in regular market hours . The stock is showing moderate momentum with RSI at 54.39, indicating a neutral position. The stock is trading above its 20-day moving average of $73.96, suggesting a short-term bullish trend.
Recent Developments
Goldman Sachs recently downgraded AIG from Buy to Neutral in January 2025, adjusting their price target from $83 to $79, citing concerns about the company's Commercial Lines loss ratio deterioration. The company is scheduled to report its Q4 and full-year 2024 results on February 11, 2025.
Analyst Consensus
Among 19 analysts covering AIG, the consensus rating is "Moderate Buy" with:
- 10 Strong Buy ratings
- 2 Moderate Buy ratings
- 7 Hold ratings
The mean price target of $84.11 represents a 15.1% upside potential from current levels.
Recommendation
SELL. Despite the moderate analyst optimism, several concerning factors suggest taking profits:
- Recent underperformance vs S&P 500 (5% vs 20.9% over past year)
- Expected 28% earnings decline for fiscal 2024
- Goldman Sachs downgrade reflecting deteriorating fundamentals
- Technical indicators showing neutral momentum without strong bullish signals