Information Provided By:
Fly News Breaks for November 24, 2015
AIG
Nov 24, 2015 | 06:09 EDT
Deutsche Bank analyst Joshua Shanker says it would be a mistake for AIG to sell a high return-on-equity business like UGC, its mortgage insurance unit. Unless the market would overpay for the asset, such a sale would leave AIG as a "poor collection of businesses that struggle to earn their cost of equity capital," Shanker tells investors in a research note. The analyst continues to argue that AIG is a "hard fix." He keeps a Hold rating on the name with a $62 price target.
News For AIG From the Last 2 Days
There are no results for your query AIG