Aegon NV (AEG) Stock Rating Lowered by Societe Generale

Aegon NV (NYSE:AEG) was downgraded by analysts at Societe Generale from a “buy” rating to a “hold” rating in a report released on Wednesday.

Several other analysts have also weighed in on the company. BidaskClub raised Aegon NV from a “sell” rating to a “hold” rating in a research note on Friday, July 7th. TheStreet lowered Aegon NV from a “b-” rating to a “c” rating in a research note on Thursday, May 18th. Finally, Zacks Investment Research raised Aegon NV from a “hold” rating to a “buy” rating and set a $6.25 price objective on the stock in a research note on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. Aegon NV currently has an average rating of “Hold” and a consensus price target of $5.63.

Aegon NV (NYSE:AEG) opened at 5.73 on Wednesday. The company has a 50 day moving average price of $5.72 and a 200-day moving average price of $5.33. Aegon NV has a 12-month low of $3.70 and a 12-month high of $6.06. The company has a market capitalization of $11.71 billion, a PE ratio of 6.74 and a beta of 1.35.

Aegon NV (NYSE:AEG) last released its quarterly earnings data on Thursday, August 10th. The financial services provider reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.13. The business had revenue of $9.24 billion for the quarter. Aegon NV had a return on equity of 6.73% and a net margin of 5.18%. On average, analysts anticipate that Aegon NV will post $0.68 EPS for the current year.

TRADEMARK VIOLATION WARNING: “Aegon NV (AEG) Stock Rating Lowered by Societe Generale” was posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark law. The original version of this report can be read at https://www.chaffeybreeze.com/2017/09/15/aegon-nv-aeg-stock-rating-lowered-by-societe-generale.html.

Institutional investors have recently bought and sold shares of the business. Tocqueville Asset Management L.P. raised its position in Aegon NV by 84.1% in the second quarter. Tocqueville Asset Management L.P. now owns 20,389 shares of the financial services provider’s stock valued at $104,000 after purchasing an additional 9,312 shares during the last quarter. Checchi Capital Advisers LLC raised its position in Aegon NV by 4.2% in the second quarter. Checchi Capital Advisers LLC now owns 20,744 shares of the financial services provider’s stock valued at $106,000 after purchasing an additional 838 shares during the last quarter. Pitcairn Co. raised its position in Aegon NV by 15.3% in the second quarter. Pitcairn Co. now owns 20,932 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 2,776 shares during the last quarter. HRT Financial LLC bought a new position in Aegon NV in the second quarter valued at about $115,000. Finally, FFT Wealth Management LLC raised its position in Aegon NV by 36.3% in the first quarter. FFT Wealth Management LLC now owns 22,912 shares of the financial services provider’s stock valued at $118,000 after purchasing an additional 6,103 shares during the last quarter. Hedge funds and other institutional investors own 10.56% of the company’s stock.

About Aegon NV

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.

Analyst Recommendations for Aegon NV (NYSE:AEG)

Receive News & Ratings for Aegon NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aegon NV and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply