Aegon: in the red with a broker downgrade

(CercleFinance.com) - Aegon is down 1% and thus underperforming the trend in Amsterdam, under the weight of a recommendation downgrade by UBS from 'buy' to 'neutral' on the insurance company's stock, despite a price target raised from 6.
3 to 6.65 euros.

The broker believes that the risk/reward ratio is now balanced, between risks such as exposure to US commercial real estate, and upside potential such as higher returns on capital.

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