Aegon NV (NYSE:AEG) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday.

According to Zacks, “Aegon N.V. is an international insurance group which writes life and health insurance and offers related pension, savings and investment products in Europe, North America and the Caribbean. The Company’s other lines of business include property and casualty insurance and financial services. “

AEG has been the topic of a number of other research reports. Bank of America Corp. set a $5.00 target price on Aegon NV and gave the company a “hold” rating in a report on Monday. TheStreet lowered Aegon NV from a “hold” rating to a “sell” rating in a report on Friday, August 19th. Macquarie started coverage on Aegon NV in a report on Tuesday, October 11th. They issued an “outperform” rating on the stock. Finally, Societe Generale lowered Aegon NV from a “buy” rating to a “hold” rating in a report on Wednesday, October 12th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $5.75.

Analyst Recommendations for Aegon NV (NYSE:AEG)

Aegon NV (NYSE:AEG) opened at 5.12 on Wednesday. Aegon NV has a 1-year low of $3.36 and a 1-year high of $6.19. The firm’s market capitalization is $10.51 billion. The company has a 50-day moving average price of $4.32 and a 200 day moving average price of $4.34.

Hedge funds have recently bought and sold shares of the stock. Ronald Blue & Co. LLC increased its stake in Aegon NV by 65.9% in the third quarter. Ronald Blue & Co. LLC now owns 26,038 shares of the company’s stock worth $100,000 after buying an additional 10,341 shares during the period. Princeton Alpha Management LP increased its stake in Aegon NV by 57.8% in the second quarter. Princeton Alpha Management LP now owns 25,984 shares of the company’s stock worth $104,000 after buying an additional 9,518 shares during the period. Riverhead Capital Management LLC increased its stake in Aegon NV by 1,914.5% in the third quarter. Riverhead Capital Management LLC now owns 27,921 shares of the company’s stock worth $108,000 after buying an additional 26,535 shares during the period. Buckingham Asset Management LLC increased its stake in Aegon NV by 8.6% in the second quarter. Buckingham Asset Management LLC now owns 27,636 shares of the company’s stock worth $111,000 after buying an additional 2,183 shares during the period. Finally, FDx Advisors Inc. increased its stake in Aegon NV by 6.9% in the second quarter. FDx Advisors Inc. now owns 28,498 shares of the company’s stock worth $114,000 after buying an additional 1,831 shares during the period. Hedge funds and other institutional investors own 6.96% of the company’s stock.

Aegon NV Company Profile

AEGON NV is a life insurance, pensions and asset management company based in the Netherlands. The Company’s products range from life, critical illness and disability insurance, to pensions, annuities, long-term savings and investments. It also offers mortgages, and car, household and travel insurance in some markets.

5 Day Chart for NYSE:AEG

Receive News & Stock Ratings for Aegon NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aegon NV and related stocks with our FREE daily email newsletter.