AIG's Balance Sheet is Transforming Amid Ongoing CRBG Divestiture, Recent Deals, RBC Says

MT Newswires Live
11/26

American International Group's (AIG) balance sheet continues to transform as the company moves toward a full divestment of Corebridge Financial (CRBG) shares and completes recently announced deals, RBC Capital Markets said in a Monday note.

AIG's recent Onex/Convex and Everest Group (EG) deals enhance AIG's operating position moving forward, RBC said, adding that the deals come at the cost of buybacks at "highly attractive multiples" in 2026.

RBC said it is in-line with consensus expectations, with about 1% variance in 2026-2027, and that its growth estimates are modestly ahead of consensus.

"We sit at $1 billion of repurchases in 2026 and $1.5 billion in 2027, consistent with management commentary and inorganic capital opportunities in late 2026 for lingering CRBG ownership," RBC added.

The firm rated AIG as sector perform with an $85 price target.

Price: 75.84, Change: +0.73, Percent Change: +0.97

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10