Companies in the Financial sector have received a lot of coverage today as analysts weigh in on American International Group (AIG) and Ares Management (ARES).
American International Group (AIG)
Wells Fargo analyst Elyse Greenspan maintained a Buy rating on American International Group today and set a price target of $66.00. The company’s shares closed last Monday at $54.28.
According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 7.0% and a 68.4% success rate. Greenspan covers the Financial sector, focusing on stocks such as Marsh & Mclennan Companies, United Insurance Holdings, and Arthur J Gallagher & Co.
Currently, the analyst consensus on American International Group is a Moderate Buy with an average price target of $58.00.
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Ares Management (ARES)
In a report released today, Chris Kotowski from Oppenheimer maintained a Hold rating on Ares Management. The company’s shares closed last Monday at $40.63, close to its 52-week high of $40.67.
According to TipRanks.com, Kotowski is a 5-star analyst with an average return of 12.6% and a 70.9% success rate. Kotowski covers the Financial sector, focusing on stocks such as Apollo Global Management, Goldman Sachs Group, and Blackstone Group.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ares Management with a $41.67 average price target.
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