American Financial Group gets 'overweight' rating as Wells Fargo starts coverage
ReutersJan 15, 2026 8:07 PM
Wells Fargo starts coverage on lender American Financial Group AFG.N with an "overweight" rating
Sets PT of $165, which is a 25.9% upside to the stock's last close
Brokerage cites better growth in 2026, in part due to favorable comparisons, low property exposure (~10%) that should lead to stable margins in 2026, and superior ROE profile
Says AFG is a well-diversified company with no line greater than 20% of overall mix
Two of 7 brokerages rate the stock "buy" or "higher", 5 "hold"; their median PT is $143 - LSEG
Including session's move, AFG up 0.3% in the last 12 months
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