KBW Maintains Buy Rating on American International Group with $97 Price Target

KBW analyst Meyer Shields maintained a Buy rating on American International Group with a $97.00 price target, citing a 12.5% average return and 68.36% success rate on recommended stocks. Shields covers the Financial sector, including Allstate, Progressive, and Everest Group. The company has a one-year high of $88.07 and a one-year low of $69.24. Corporate insider activity is negative, with 58 insiders selling shares in the past quarter.

American International Group (AIG) has sold 30,000,000 shares of Corebridge Financial Inc. (CRBG) for $1,009,500,000 on August 6, 2025, according to a Form 4 filing with the Securities and Exchange Commission [1]. The transaction was executed at a price of $33.65 per share, slightly above the current market price of $33.20. The stock is trading near its 52-week high of $36.57.

Following the sale, AIG directly owns 83,896,013 shares of Corebridge Financial, Inc. The company has shown strong price momentum with a 41% return over the past year. Analysts have set price targets ranging from $37 to $47 [1]. Corebridge Financial recently reported its Q2 2025 earnings, with an adjusted earnings per share (EPS) of $1.36, exceeding analyst projections of $1.15. However, revenue fell short of expectations, coming in at $4.42 billion compared to the anticipated $4.89 billion, marking a 9.61% miss [1].

KBW analyst Meyer Shields maintains a Buy rating on AIG with a $97.00 price target, citing a 12.5% average return and 68.36% success rate on recommended stocks [2]. Corporate insider activity is negative, with 58 insiders selling shares in the past quarter [2]. The company has a one-year high of $88.07 and a one-year low of $69.24.

References:
[1] https://in.investing.com/news/insider-trading-news/american-international-group-sells-corebridge-shares-for-1009b-93CH-4951864
[2] https://www.ainvest.com/news/corebridge-financial-10-owner-aig-sells-30m-shares-33-65-share-2508/