Aegon: BofA raises target price
(CercleFinance.com) - Bank of America reiterates its 'buy' recommendation on Aegon shares, with its target price raised by 6% to E7.
40, after raising its earnings, cash and capital expectations for the Dutch insurer.
Before the publication of its Q4 2024 results, scheduled for 20 February, the broker says it expects operating capital generation of E310m, with leeway for an increase in targets and consensus for the coming years.
More than 35% of market capitalisation should be redistributed to shareholders over three years (12.5% this year), with many options to do more, BofA also points out, for which such a prospect is "difficult to ignore".
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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.
40, after raising its earnings, cash and capital expectations for the Dutch insurer.
Before the publication of its Q4 2024 results, scheduled for 20 February, the broker says it expects operating capital generation of E310m, with leeway for an increase in targets and consensus for the coming years.
More than 35% of market capitalisation should be redistributed to shareholders over three years (12.5% this year), with many options to do more, BofA also points out, for which such a prospect is "difficult to ignore".
Copyright (c) 2025 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.