KBW analyst Meyer Shields maintained a Buy rating on American Financial Group (AFG – Research Report) on April 12 and set a price target of $147.00. The company’s shares closed last Friday at $127.31.
Shields covers the Financial sector, focusing on stocks such as Axis Capital, Progressive, and Allstate. According to TipRanks, Shields has an average return of 13.3% and a 71.00% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for American Financial Group with a $140.33 average price target.
AFG market cap is currently $10.65B and has a P/E ratio of 12.67.
Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AFG in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
American Financial Group (AFG) Company Description:
American Financial Group, Inc. is an insurance holding company. It engages in property and casualty insurance, focusing on commercial products for businesses, and in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets. The company was founded by Carl Henry Lindner Jr. in 1959 and is headquartered in Cincinnati, OH.
