Aegon: UBS upgrades stock
(CercleFinance.com) - UBS upgrades Aegon shares from 'hold' to 'buy', despite trimming its TP from E6.
65 to E6.55, with its new TP giving the Dutch insurer's stock 12% upside potential.
It's time to buy the downturn, the broker says, which points to an overall yield that is 9% higher than that of the sector as a whole. It considers a share buyback program of E100m possible with the publication of Q3 2024 results.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
65 to E6.55, with its new TP giving the Dutch insurer's stock 12% upside potential.
It's time to buy the downturn, the broker says, which points to an overall yield that is 9% higher than that of the sector as a whole. It considers a share buyback program of E100m possible with the publication of Q3 2024 results.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.