American Financial Group, Inc. (AFG) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$131.63
Price Target
$153.50
Target Range
$142.00 — $165.00
Analyst Rating
Hold
Forward P/E11.8x
Trailing P/E13.1x
Forward PEG2.81
Implied Growth+10.9%
Median Target$153.50
Analyst Spread15.0%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$142
+7.9%
Consensus
$154
+16.6%
Bull Case
$165
+25.4%
Valuation Model TargetsConfidence: 50/100
Bear$67
Base$146
Bull$322
AFG Price Target Analysis
Updated May 6, 2026As of May 6, 2026, American Financial Group, Inc. (AFG) has a Wall Street consensus price target of $153.50, based on estimates from 17 covering analysts. With the stock currently trading at $131.63, this represents a potential upside of +16.6%. The company has a market capitalization of $10.94B.
Analyst price targets range from a low of $142.00 to a high of $165.00, representing a 15% spread in expectations. The median target of $153.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 7 analysts rating the stock as a Buy or Strong Buy,10 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, AFG trades at a trailing P/E of 13.1x and forward P/E of 11.8x. The forward PEG ratio of 2.81 reflects a premium valuation. Analysts expect EPS to grow +10.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $146.17, with bear and bull scenarios of $66.86 and $322.45 respectively. Model confidence stands at 50/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+5.1%
Avg Forward P/E13.4x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 MKLMarkel Corporation | $22.1B | $1764.81 | $1950.00 | +10.5% | Hold | 15.7x | 15 |
 RLIRLI Corp. | $4.6B | $50.09 | $56.33 | +12.5% | Hold | 18.1x | 12 |
 HIGThe Hartford Financial Services Group, Inc. | $36.9B | $134.15 | $152.00 | +13.3% | Buy | 10.2x | 42 |
 WRBW. R. Berkley Corporation | $24.9B | $66.49 | $70.30 | +5.7% | Hold | 14.3x | 30 |
 CINFCincinnati Financial Corporation | $25.0B | $160.35 | $173.50 | +8.2% | Buy | 18.5x | 17 |
 ERIEErie Indemnity Company | $10.2B | $221.24 | — | — | — | 17.5x | — |
 AIGAmerican International Group, Inc. | $42.1B | $78.47 | $85.63 | +9.1% | Hold | 10.0x | 41 |
 TRVThe Travelers Companies, Inc. | $65.2B | $301.39 | $313.00 | +3.9% | Hold | 10.8x | 43 |
 CNACNA Financial Corporation | $12.0B | $44.53 | $45.00 | +1.1% | Hold | 9.2x | 7 |
 HCIHCI Group, Inc. | $2.0B | $154.78 | $126.50 | -18.3% | Buy | 9.3x | 14 |
Upside Potential Comparison
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Start ComparisonAFG — Frequently Asked Questions
Quick answers to the most common questions about buying AFG stock.
What is the AFG stock price target for 2026?
American Financial Group, Inc. (AFG) has a consensus 12-month price target of $153.5, implying 16.6% upside from $131.63. The 17 analysts covering AFG see moderate appreciation potential.
Is AFG a buy, sell, or hold?
AFG has a consensus rating of "Hold" based on 17 Wall Street analysts. The rating breakdown is mixed, with 10 Hold ratings making up the largest segment. The consensus 12-month price target of $153.5 implies 16.6% upside from current levels.
Is AFG stock overvalued or undervalued?
With a forward P/E of 11.7582x, AFG trades at a relatively low valuation. The consensus target of $153.5 implies 16.6% appreciation, suggesting meaningful undervaluation.
How high can AFG stock go?
The most bullish Wall Street analyst has a price target of $165 for AFG, while the most conservative target is $142. The consensus of $153.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $322 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover AFG stock?
AFG is well covered by analysts, with 17 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 7 have Buy ratings, 10 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the AFG stock forecast?
The 12-month AFG stock forecast based on 17 Wall Street analysts shows a consensus price target of $153.5, with estimates ranging from $142 (bear case) to $165 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $146, with bear/bull scenarios of $67/$322.
What is AFG's fair value based on fundamentals?
Our quantitative valuation model calculates AFG's fair value at $146 (base case), with a bear case of $67 and bull case of $322. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.
What is AFG's forward P/E ratio?
AFG trades at a forward P/E ratio of 11.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 13.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy AFG stock?
Wall Street analysts are optimistic on AFG, with a "Hold" consensus rating and $153.5 price target (16.6% upside). 7 of 17 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do AFG price targets vary so much?
AFG analyst price targets range from $142 to $165, a 15% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $153.5 consensus represents the middle ground. Our model's $67-$322 range provides an independent fundamental perspective.