Ageas (AGESY) to Release Earnings on Wednesday

Ageas (OTCMKTS:AGESY) is anticipated to announce its results before the market opens on Wednesday, February 25th. Analysts expect the company to announce earnings of $5.81 per share for the quarter.

Ageas Price Performance

OTCMKTS AGESY traded down $0.42 on Monday, hitting $74.65. 24,492 shares of the company traded hands, compared to its average volume of 5,062. The business’s 50 day moving average price is $71.12 and its 200-day moving average price is $69.52. Ageas has a 52-week low of $53.61 and a 52-week high of $75.43.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. The Goldman Sachs Group raised shares of Ageas to a “hold” rating in a report on Tuesday, December 2nd. Barclays reaffirmed an “overweight” rating on shares of Ageas in a report on Tuesday, December 9th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Ageas Company Profile

Ageas is a multinational insurance group headquartered in Brussels, Belgium, offering a broad range of life and non‐life insurance products. Established in 2010 following the restructuring of the Fortis group, Ageas traces its roots back to AG Insurance, founded in 1824. The company operates through two main business segments—protection and savings for individual and corporate clients, and a specialized brokerage and bancassurance network—providing both traditional and innovative risk management solutions.

In the life insurance segment, Ageas offers savings and pension plans, unit‐linked policies, and health insurance coverage, while its non‐life operations include property, casualty, motor, and liability insurance.