Zacks Investment Research upgraded shares of Ageas SA (OTCMKTS:AGESY) from a hold rating to a buy rating in a research report report published on Tuesday. Zacks Investment Research currently has $41.00 price target on the stock.

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. “

Shares of Ageas SA (OTCMKTS:AGESY) opened at 36.571 on Tuesday. The firm has a market cap of $7.62 billion, a P/E ratio of 29.927 and a beta of 1.24. The firm has a 50-day moving average price of $35.69 and a 200-day moving average price of $36.64. Ageas SA has a 12-month low of $31.65 and a 12-month high of $47.27.

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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