Zacks Investment Research lowered shares of Ageas SA (OTCMKTS:AGESY) from a buy rating to a hold rating in a research report report published on Tuesday morning.

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 (OTCMKTS:AGESY) opened at 36.35 on Tuesday. Ageas SA has a one year low of $31.65 and a one year high of $47.27. The firm has a 50 day moving average of $35.36 and a 200 day moving average of $36.72. The firm has a market capitalization of $7.58 billion, a PE ratio of 29.53 and a beta of 1.24.

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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