Why American Financial Group, Inc. (NYSE:AFA) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $N/A on American Financial Group, Inc. (NYSE:AFA) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $N/A for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of American Financial Group, Inc. (NYSE:AFA) stands at 6.5967.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For American Financial Group, Inc. , the PEG ratio for coming 3-5 years is 0.0000.

Technical Analysis

The technical analysis highlights that American Financial Group, Inc. current is trading $-0.2578 points away or -0.9891% from its 50-day moving average of $26.0640. Further it is trading $-0.0783 or -0.3025% away its 200-day moving average of $25.8845.

The 52-week high of American Financial Group, Inc. (NYSE:AFA) was $26.8900 while lowest point recorded in 52-week was $24.6900. It implies if stock price makes a movement of over $-1.0838, it will record a new 52-week high. In the case of +4.5209% drop, it will touch a new 52-week low.

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