11:35 AM EDT, 05/09/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price by $10 to $95, valuing AIG shares at 12x our '26 operating EPS estimate of $7.85, versus their 1YR average forward multiple of 12.3x, the peer average of 14x. We lower our '25 EPS estimate by $0.39 to $6.36. Q1 operating EPS of $1.17 versus $1.25 (as restated) topped the $0.99 consensus EPS estimate but lagged our $1.56 EPS estimate. Results reflected higher catastrophe losses, which masked some improved underlying results in the aftermath of the de-consolidation of Corebridge Financial Inc. (CRBG). We are encouraged by the 8% rise in underlying net written premium growth (paced by a 10% rise in commercial lines written premium growth). AIG's General Insurance Q1 combined ratio was 95.8%, up from 89.8% a year ago, largely due to 9.1 points of catastrophe losses, but underlying results improved to 87.8% from 88.4%. Trading at 10.4x our '26 EPS estimate, we view the share as undervalued, as we see improved underwriting profitability metrics as catalysts for the shares.