Aegon (NYSE:AEG) Receives Consensus Rating of “Hold” from Brokerages

Aegon (NYSE:AEG – Get Rating) has been assigned an average rating of “Hold” from the ten brokerages that are presently covering the stock, Marketbeat.com reports. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $5.18.

AEG has been the subject of several research reports. Morgan Stanley increased their price objective on shares of Aegon from €5.30 ($5.58) to €5.40 ($5.68) and gave the company an “equal weight” rating in a research note on Tuesday, April 5th. StockNews.com downgraded shares of Aegon from a “buy” rating to a “hold” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Aegon from €5.00 ($5.26) to €4.70 ($4.95) in a research report on Wednesday, March 16th. Bank of America upgraded shares of Aegon from an “underperform” rating to a “neutral” rating in a report on Wednesday, January 19th. Finally, Credit Suisse Group increased their price objective on Aegon from €5.30 ($5.58) to €5.60 ($5.89) in a report on Friday, April 1st.

AEG stock opened at $5.03 on Friday. The firm has a 50-day moving average price of $5.15 and a 200-day moving average price of $5.14. Aegon has a 12 month low of $3.89 and a 12 month high of $6.22. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.07 and a quick ratio of 0.07.

Institutional investors and hedge funds have recently modified their holdings of the business. Lindbrook Capital LLC raised its position in Aegon by 14.8% in the 4th quarter. Lindbrook Capital LLC now owns 14,104 shares of the financial services provider’s stock valued at $70,000 after buying an additional 1,820 shares during the last quarter. Quadrant Capital Group LLC raised its position in Aegon by 7.6% in the 4th quarter. Quadrant Capital Group LLC now owns 27,983 shares of the financial services provider’s stock valued at $138,000 after buying an additional 1,970 shares during the last quarter. Fieldpoint Private Securities LLC raised its position in Aegon by 25.9% in the 4th quarter. Fieldpoint Private Securities LLC now owns 10,674 shares of the financial services provider’s stock valued at $53,000 after buying an additional 2,195 shares during the last quarter. Lake Street Advisors Group LLC raised its position in Aegon by 10.0% in the 3rd quarter. Lake Street Advisors Group LLC now owns 25,462 shares of the financial services provider’s stock valued at $130,000 after buying an additional 2,312 shares during the last quarter. Finally, Signaturefd LLC raised its position in Aegon by 2.8% in the 4th quarter. Signaturefd LLC now owns 91,006 shares of the financial services provider’s stock valued at $450,000 after buying an additional 2,509 shares during the last quarter. 10.36% of the stock is currently owned by hedge funds and other institutional investors.

About Aegon (Get Rating)

Aegon N.V. provides insurance, pensions, and asset management services in the Americas, the Netherlands, and the United Kingdom. The company offers life, accident, and health insurance; savings, pension, annuities, and mutual funds; property and casualty insurance; retirement plans and individual retirement accounts; voluntary employee benefits; and stable value solutions.

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