BMO Capital analyst Michael Zaremski raised the firm’s price target on American Financial Group (AFG) to $143 from $135 but keeps a Market Perform rating on the shares. The firm is positive on the company’s strong pricing levels and optimistic net interest income outlook, though its “scorecard isn’t flashing green” given the competitive industry-wide forces that have been brewing, the analyst tells investors in a research note.
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Read More on AFG:
- American Financial Group price target raised to $150 from $135 at Piper Sandler
- American Financial Group Reports Strong Q3 Earnings
- American Financial Group reports Q3 core EPS $2.31, consensus $2.47
- AFG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- American Financial Group price target raised to $135 from $132 at BMO Capital