AEGON (NYSE:AEG) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Friday.

Other analysts have also recently issued research reports about the stock. Zacks Investment Research cut shares of AEGON from a “hold” rating to a “sell” rating in a research report on Friday, May 12th. TheStreet cut shares of AEGON from a “b-” rating to a “c” rating in a research report on Thursday, May 18th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $5.38.

Analyst Recommendations for AEGON (NYSE:AEG)

AEGON (NYSE:AEG) traded down 0.61% during midday trading on Friday, hitting $4.87. 1,268,934 shares of the stock were exchanged. The firm’s 50-day moving average price is $5.04 and its 200 day moving average price is $5.32. The firm has a market capitalization of $9.94 billion, a P/E ratio of 16.51 and a beta of 1.40. AEGON has a 1-year low of $3.36 and a 1-year high of $5.84.

ILLEGAL ACTIVITY WARNING: This piece was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another website, it was copied illegally and reposted in violation of US and international copyright and trademark laws. The legal version of this piece can be read at https://www.americanbankingnews.com/2017/06/23/aegon-aeg-stock-rating-lowered-by-bidaskclub.html.

A number of institutional investors have recently modified their holdings of AEG. Ballentine Partners LLC acquired a new position in shares of AEGON during the first quarter worth approximately $122,000. FNY Partners Fund LP acquired a new position in shares of AEGON during the first quarter worth approximately $259,000. HighTower Advisors LLC boosted its position in shares of AEGON by 4.1% in the first quarter. HighTower Advisors LLC now owns 180,490 shares of the financial services provider’s stock worth $928,000 after buying an additional 7,168 shares during the last quarter. Credit Suisse AG acquired a new position in shares of AEGON during the first quarter worth approximately $121,000. Finally, Bank of America Corp DE boosted its position in shares of AEGON by 9.3% in the first quarter. Bank of America Corp DE now owns 7,678,817 shares of the financial services provider’s stock worth $39,392,000 after buying an additional 655,791 shares during the last quarter. Institutional investors own 10.35% of the company’s stock.

AEGON Company Profile

Aegon N.V. (Aegon) is an international life insurance, pensions and asset management company. The Company’s segments include the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom; Central & Eastern Europe; Spain & Portugal; Asia, and Aegon Asset Management.

Receive News & Ratings for AEGON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AEGON and related companies with MarketBeat.com's FREE daily email newsletter.