Zacks Investment Research upgraded shares of AEGON (NYSE:AEG) from a hold rating to a buy rating in a research note published on Tuesday, January 9th. Zacks Investment Research currently has $7.25 target price on the financial services provider’s stock.
According to Zacks, “Aegon N.V. is an international insurance group which writes life and health insurance and offers related pension, savings and investment products in Europe, North America and the Caribbean. The Company’s other lines of business include property and casualty insurance and financial services. “
AEG has been the subject of several other reports. Sanford C. Bernstein started coverage on shares of AEGON in a report on Thursday, September 14th. They set a market perform rating and a $4.60 target price for the company. Societe Generale lowered shares of AEGON from a buy rating to a hold rating in a report on Wednesday, September 13th. Finally, ValuEngine lowered shares of AEGON from a strong-buy rating to a buy rating in a report on Friday, December 1st. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. AEGON currently has a consensus rating of Hold and a consensus target price of $6.18.
AEGON (AEG) traded down $0.11 on Tuesday, reaching $6.77. 2,400,000 shares of the company’s stock were exchanged, compared to its average volume of 1,930,000. AEGON has a 12 month low of $4.73 and a 12 month high of $7.02. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.65. The stock has a market cap of $14,240.00, a price-to-earnings ratio of 6.51 and a beta of 1.46.
AEGON (NYSE:AEG) last posted its quarterly earnings results on Thursday, November 9th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter. AEGON had a net margin of 5.64% and a return on equity of 6.60%. The company had revenue of $8.93 billion during the quarter. equities research analysts anticipate that AEGON will post 1 EPS for the current fiscal year.
Institutional investors have recently added to or reduced their stakes in the stock. Campbell & CO Investment Adviser LLC grew its stake in AEGON by 124.7% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 24,632 shares of the financial services provider’s stock valued at $143,000 after acquiring an additional 13,672 shares during the period. Eagle Asset Management Inc. grew its stake in AEGON by 13.6% in the 2nd quarter. Eagle Asset Management Inc. now owns 32,935 shares of the financial services provider’s stock valued at $168,000 after acquiring an additional 3,944 shares during the period. Fox Run Management L.L.C. acquired a new stake in AEGON in the 3rd quarter valued at $182,000. Private Advisor Group LLC grew its stake in AEGON by 0.3% in the 2nd quarter. Private Advisor Group LLC now owns 34,398 shares of the financial services provider’s stock valued at $188,000 after acquiring an additional 88 shares during the period. Finally, Lourd Capital LLC acquired a new stake in AEGON in the 4th quarter valued at $238,000. 10.13% of the stock is currently owned by hedge funds and other institutional investors.
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Aegon N.V. (Aegon) is an international life insurance, pensions and asset management company. The Company’s segments include the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom; Central & Eastern Europe; Spain & Portugal; Asia, and Aegon Asset Management.
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