AIA (OTCMKTS:AAGIY – Get Free Report) shares hit a new 52-week low on Friday. The stock traded as low as $34.71 and last traded at $35.25, with a volume of 3794 shares. The stock had previously closed at $37.29.
Analysts Set New Price Targets
Separately, Zacks Research cut shares of AIA from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, AIA currently has a consensus rating of “Hold”.
AIA Price Performance
About AIA
AIA Group Limited is a pan-Asian life insurance group headquartered in Hong Kong. Through its subsidiaries and affiliated operations, the company provides insurance and financial protection products to individuals, families and businesses across the Asia-Pacific region.
AIA’s main offerings include life, health and accident insurance, savings and retirement products, investment-linked policies, and employee benefits. The group also provides wealth management and financial planning services through a network of agents, bancassurance relationships, digital platforms and other distribution channels.
The company traces its origins to 1919, when it was established in Shanghai.
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