Aegon NV (NYSE:AEG) Receives Average Recommendation of “Moderate Buy” from Brokerages

by · The Markets Daily

Aegon NV (NYSE:AEG – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company.

AEG has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft started coverage on Aegon in a research note on Wednesday, January 7th. They issued a “hold” rating for the company. Zacks Research cut Aegon from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. Morgan Stanley reissued an “overweight” rating on shares of Aegon in a report on Friday. UBS Group downgraded Aegon from a “buy” rating to a “neutral” rating in a research note on Wednesday, December 3rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Aegon in a report on Monday, December 29th.

Check Out Our Latest Research Report on AEG

Aegon Price Performance

Shares of NYSE:AEG opened at $7.65 on Friday. The company has a market capitalization of $15.34 billion, a P/E ratio of -47.78, a P/E/G ratio of 0.21 and a beta of 0.78. Aegon has a 1-year low of $5.42 and a 1-year high of $8.15. The firm’s 50 day simple moving average is $7.68 and its two-hundred day simple moving average is $7.56.

Institutional Trading of Aegon

Hedge funds have recently bought and sold shares of the stock. CWM LLC lifted its stake in shares of Aegon by 87.2% in the 3rd quarter. CWM LLC now owns 5,767 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 2,687 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in Aegon by 299.5% during the 3rd quarter. Parkside Financial Bank & Trust now owns 7,410 shares of the financial services provider’s stock valued at $59,000 after buying an additional 5,555 shares during the period. Independence Bank of Kentucky bought a new stake in Aegon in the third quarter worth $64,000. AlphaCore Capital LLC purchased a new position in Aegon during the third quarter worth $81,000. Finally, Earned Wealth Advisors LLC bought a new position in Aegon during the second quarter valued at $74,000. Hedge funds and other institutional investors own 4.32% of the company’s stock.

Aegon Company Profile

(Get Free Report)

Aegon N.V. is a multinational financial services company headquartered in The Hague, Netherlands, specializing in life insurance, pensions and asset management. Established in 1983 through the merger of AGO and Ennia, Aegon has built a reputation for offering retirement solutions, savings products and protection plans aimed at helping customers secure their financial futures. The company operates under well-known brands, including Transamerica in the United States, and serves both individual and corporate clients.

Throughout its history, Aegon has pursued strategic acquisitions and partnerships to strengthen its market position and broaden its service offerings.

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