Aegon Lowered to Neutral at HSBC (AEG)
Aegon (NYSE:AEG) was downgraded by investment analysts at HSBC from an “overweight” rating to a “neutral” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on AEG. Analysts at BNP Paribas upgraded shares of Aegon from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, January 16th. Separately, analysts at ABN Amro initiated coverage on shares of Aegon in a research note to investors on Tuesday, January 14th. They set a “hold” rating on the stock. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Aegon from an “overweight” rating to a “neutral” rating in a research note to investors on Tuesday, January 7th. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $6.90.
Shares of Aegon (NYSE:AEG) traded down 1.63% during mid-day trading on Tuesday, hitting $9.07. 1,062,313 shares of the company’s stock traded hands. Aegon has a 52 week low of $5.70 and a 52 week high of $9.50. The stock has a 50-day moving average of $9. and a 200-day moving average of $8.10. The company has a market cap of $19.032 billion and a P/E ratio of 17.73.
Aegon (NYSE:AEG) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.28 EPS for the quarter. On average, analysts predict that Aegon will post $0.77 earnings per share for the current fiscal year.
AEGON N.V. (NYSE:AEG) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.