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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