American International Group Inc LONG
Long @ $55.72
- P/B ratio of 0.76 compared to the industry P/B ratio of 1.31 showing that the stock is significantly undervalued.
- Market cap - 51.05B
- DIV yield – 2.26%
- Debt to equity – 0.48
- VWAP - 55.77
- Beta – 1.23
- Short interest - 17,678,471
- YTD shares are down 5.6% compared with the industries growth of 5%. There is considerable analyst optimism with the price target across 12 analysts with an average price target of $71. Shares are currently trading at 55.7 and is at a massive value area providing an attractive investment opportunity.
- The financial stability oversight council has voted to abolish the non-bank SIFI tag (Systematically important financial institution). This label was imposed by the Dodd-frank act in 2010 as a response to the financial crisis and was used for extra regulatory requirements and increased scrutiny such as; strict oversight by the federal reserve, higher capital requirements and harsher periodic stress tests.
- Over the last couple of years AIG has been focusing on its core insurance operations and restructuring businesses by trimming operations, thereby enhancing operating leverage and capital allocation. Since the financial crisis, the company has executed over 50 different asset sales and divestitures resulting in revenue in excess of 100B. These were made to generate revenue to repay the bail out funds to the US government and to simplify the company creating a focus on core operations generating higher ROE and using excess funds for share buy backs.
- AIG had strong life and retirements results made evident by an increase in adjusted revenues by 13% in 2017 after a decline of 10% in 2016.
- One of AIG’s top financial goals is to generate sustainable operating efficiency gains via reduction in net expenses. We believe that the companies initiatives will result in strict cost control providing comfort to its operating margins.
NeroTree capital rates American International Group Inc as a STRONG BUY with a price target of $70 over the next 52w.
- P/B ratio of 0.76 compared to the industry P/B ratio of 1.31 showing that the stock is significantly undervalued.
- Market cap - 51.05B
- DIV yield – 2.26%
- Debt to equity – 0.48
- VWAP - 55.77
- Beta – 1.23
- Short interest - 17,678,471
- YTD shares are down 5.6% compared with the industries growth of 5%. There is considerable analyst optimism with the price target across 12 analysts with an average price target of $71. Shares are currently trading at 55.7 and is at a massive value area providing an attractive investment opportunity.
- The financial stability oversight council has voted to abolish the non-bank SIFI tag (Systematically important financial institution). This label was imposed by the Dodd-frank act in 2010 as a response to the financial crisis and was used for extra regulatory requirements and increased scrutiny such as; strict oversight by the federal reserve, higher capital requirements and harsher periodic stress tests.
- Over the last couple of years AIG has been focusing on its core insurance operations and restructuring businesses by trimming operations, thereby enhancing operating leverage and capital allocation. Since the financial crisis, the company has executed over 50 different asset sales and divestitures resulting in revenue in excess of 100B. These were made to generate revenue to repay the bail out funds to the US government and to simplify the company creating a focus on core operations generating higher ROE and using excess funds for share buy backs.
- AIG had strong life and retirements results made evident by an increase in adjusted revenues by 13% in 2017 after a decline of 10% in 2016.
- One of AIG’s top financial goals is to generate sustainable operating efficiency gains via reduction in net expenses. We believe that the companies initiatives will result in strict cost control providing comfort to its operating margins.
NeroTree capital rates American International Group Inc as a STRONG BUY with a price target of $70 over the next 52w.
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