Shares of Aegon (NYSE:AEG – Get Rating) have been assigned an average rating of "Hold" from the nine ratings firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $5.15.
Several equities research analysts recently commented on the stock. Barclays boosted their price target on shares of Aegon from €5.30 ($5.76) to €5.50 ($5.98) in a report on Tuesday, November 22nd. UBS Group raised shares of Aegon from a "neutral" rating to a "buy" rating in a report on Thursday, January 12th. Credit Suisse Group dropped their target price on shares of Aegon from €5.90 ($6.41) to €5.70 ($6.20) and set an "outperform" rating for the company in a report on Thursday, October 20th. StockNews.com assumed coverage on shares of Aegon in a report on Wednesday, October 12th. They set a "hold" rating for the company. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Aegon from €4.70 ($5.11) to €5.00 ($5.43) and gave the stock a "hold" rating in a report on Friday, October 28th.
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Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Clear Street Markets LLC acquired a new position in shares of Aegon during the 2nd quarter valued at about $26,000. BNP Paribas Arbitrage SNC acquired a new position in Aegon in the third quarter valued at about $26,000. Penserra Capital Management LLC acquired a new position in Aegon in the third quarter valued at about $34,000. Ronald Blue Trust Inc. acquired a new position in Aegon in the second quarter valued at about $38,000. Finally, Five Oceans Advisors acquired a new position in Aegon in the third quarter valued at about $40,000. Institutional investors and hedge funds own 19.30% of the company's stock.
Aegon Price Performance
NYSE:AEG opened at $5.40 on Wednesday. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.79. The company has a 50 day moving average price of $5.02 and a 200-day moving average price of $4.61. Aegon has a 1-year low of $3.76 and a 1-year high of $6.22.
Aegon (NYSE:AEG – Get Rating) last issued its quarterly earnings results on Thursday, November 10th. The financial services provider reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.29) by $0.19. The company had revenue of $6.20 billion during the quarter. Aegon had a net margin of 2.63% and a return on equity of 2.96%. Analysts anticipate that Aegon will post -0.05 EPS for the current year.
About Aegon
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Aegon N.V. provides insurance, pensions, and asset management services in the Americas, the Netherlands, and the United Kingdom. The company offers life, accident, and health insurance; savings, pension, annuities, and mutual funds; property and casualty insurance; retirement plans and individual retirement accounts; voluntary employee benefits; and stable value solutions.
Further Reading
- Get a free copy of the StockNews.com research report on Aegon (AEG)
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