Zacks Investment Research upgraded shares of AEGON (NYSE:AEG) from a hold rating to a buy rating in a report issued on Friday. The firm currently has $7.75 price target on the financial services provider’s stock.

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. “

Separately, ValuEngine downgraded shares of AEGON from a strong-buy rating to a buy rating in a report on Friday, December 1st. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. AEGON has an average rating of Hold and an average price target of $6.18.

AEGON (NYSE AEG) opened at $6.98 on Friday. The company has a market cap of $14,670.00, a PE ratio of 6.71 and a beta of 1.42. AEGON has a fifty-two week low of $4.73 and a fifty-two week high of $7.02. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.65.

AEGON (NYSE:AEG) last issued its quarterly earnings results on Thursday, November 9th. The financial services provider reported $0.24 EPS for the quarter. The company had revenue of $8.93 billion for the quarter. AEGON had a net margin of 5.64% and a return on equity of 6.60%. equities analysts predict that AEGON will post 0.92 earnings per share for the current fiscal year.

A number of large investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. grew its holdings in AEGON by 3.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 71,018 shares of the financial services provider’s stock valued at $362,000 after purchasing an additional 2,513 shares during the last quarter. Advisor Group Inc. grew its holdings in AEGON by 4.9% during the 2nd quarter. Advisor Group Inc. now owns 59,125 shares of the financial services provider’s stock valued at $301,000 after purchasing an additional 2,782 shares during the last quarter. AMP Capital Investors Ltd grew its holdings in AEGON by 2.8% during the 3rd quarter. AMP Capital Investors Ltd now owns 359,020 shares of the financial services provider’s stock valued at $2,079,000 after purchasing an additional 9,703 shares during the last quarter. HighTower Advisors LLC grew its holdings in AEGON by 6.9% during the 2nd quarter. HighTower Advisors LLC now owns 192,876 shares of the financial services provider’s stock valued at $988,000 after purchasing an additional 12,386 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC grew its stake in AEGON by 124.7% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 24,632 shares of the financial services provider’s stock worth $143,000 after acquiring an additional 13,672 shares in the last quarter. Institutional investors own 10.13% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “AEGON (AEG) Raised to “Buy” at Zacks Investment Research” was published by Watch List News and is owned by of Watch List News. If you are reading this news story on another domain, it was copied illegally and republished in violation of US & international copyright and trademark law. The correct version of this news story can be viewed at https://www.watchlistnews.com/aegon-aeg-raised-to-buy-at-zacks-investment-research/1831761.html.

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.

Get a free copy of the Zacks research report on AEGON (AEG)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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.