Ageas (OTCMKTS:AGESY) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Tuesday.

According to Zacks, “Ageas, formerly known as Fortis, is an international insurance company. The Company has chosen to concentrate its business activities in Europe and Asia. Ageas offers international insurance services such as life and non-life, disability, and medical to individuals and groups. The Company also has subsidiaries in France, Germany, Turkey, Ukraine and Hong Kong. Ageas operates partnerships in Luxembourg, Italy, Portugal, China, Malaysia, India and Thailand. “

Shares of Ageas (AGESY) opened at $50.78 on Tuesday. The firm has a market cap of $10,493.03, a price-to-earnings ratio of 68.61 and a beta of 0.89. Ageas has a 52 week low of $37.78 and a 52 week high of $50.12.

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About Ageas

ageas SA is an international insurance company. The Company’s business segments include Belgium, the United Kingdom, Continental Europe, Asia and General Account. The Belgian insurance activities operate under the name of AG Insurance. The Company’s business in the United Kingdom is a national provider of Nonlife insurance solutions.

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