Aegon (NYSE:AEG) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Posted by on Aug 6th, 2023

Shares of Aegon (NYSE:AEG – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the seven research firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $5.40.

Several brokerages recently commented on AEG. StockNews.com upgraded shares of Aegon from a “sell” rating to a “hold” rating in a report on Sunday, June 4th. Royal Bank of Canada began coverage on shares of Aegon in a report on Wednesday, June 7th. They issued an “outperform” rating on the stock. Finally, HSBC upgraded shares of Aegon from a “hold” rating to a “buy” rating in a report on Friday, June 9th.

Aegon Stock Performance

Aegon stock opened at $5.37 on Friday. The firm’s fifty day simple moving average is $5.01 and its 200-day simple moving average is $4.87. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.09 and a current ratio of 0.09. Aegon has a 1-year low of $3.76 and a 1-year high of $5.68.

Institutional Trading of Aegon

Several hedge funds and other institutional investors have recently bought and sold shares of AEG. Baker Tilly Wealth Management LLC boosted its position in shares of Aegon by 15.2% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 14,381 shares of the financial services provider’s stock valued at $72,000 after acquiring an additional 1,893 shares in the last quarter. Clarius Group LLC boosted its position in Aegon by 14.8% in the first quarter. Clarius Group LLC now owns 17,766 shares of the financial services provider’s stock valued at $76,000 after buying an additional 2,296 shares in the last quarter. Ballentine Partners LLC boosted its position in Aegon by 6.9% in the second quarter. Ballentine Partners LLC now owns 41,276 shares of the financial services provider’s stock valued at $209,000 after buying an additional 2,660 shares in the last quarter. Cerity Partners LLC boosted its position in Aegon by 7.9% in the fourth quarter. Cerity Partners LLC now owns 38,459 shares of the financial services provider’s stock valued at $194,000 after buying an additional 2,825 shares in the last quarter. Finally, LPL Financial LLC boosted its position in Aegon by 1.8% in the fourth quarter. LPL Financial LLC now owns 160,558 shares of the financial services provider’s stock valued at $809,000 after buying an additional 2,845 shares in the last quarter. 10.93% of the stock is currently owned by institutional investors and hedge funds.

Aegon Company Profile

(Get Free Report

Aegon N.V. provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, and mutual funds; mortgage loans; and individual retirement accounts, as well as stable value, investment management, and digital banking solutions.

Further Reading

Analyst Recommendations for Aegon (NYSE:AEG)

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