Zacks Investment Research Lowers Ageas SA (AGESY) to Hold

Zacks Investment Research lowered shares of Ageas SA (NASDAQ:AGESY) from a buy rating to a hold rating in a research report released on Thursday, May 4th.

According to Zacks, “Ageas, formerly known as Fortis, is an international insurance company. The Company has chosen to concentrate its business activities in Europe and Asia. Ageas offers international insurance services such as life and non-life, disability, and medical to individuals and groups. The Company also has subsidiaries in France, Germany, Turkey, Ukraine and Hong Kong. Ageas operates partnerships in Luxembourg, Italy, Portugal, China, Malaysia, India and Thailand. “

Ageas SA (NASDAQ:AGESY) traded up 2.961% during mid-day trading on Thursday, reaching $41.895. The company’s stock had a trading volume of 2,141 shares. Ageas SA has a 52-week low of $31.65 and a 52-week high of $43.20. The company has a 50 day moving average of $40.20 and a 200-day moving average of $39.60. The stock has a market cap of $8.55 billion and a PE ratio of 10.306.

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About Ageas SA

ageas SA is an international insurance company. The Company’s business segments include Belgium, the United Kingdom, Continental Europe, Asia and General Account. The Belgian insurance activities operate under the name of AG Insurance. The Company’s business in the United Kingdom is a national provider of Nonlife insurance solutions.

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