Aegon: AlphaValue upgrades stock

(CercleFinance.com) - On Wednesday AlphaValue upgraded its rating on Aegon shares from "sell" to "hold", while maintaining its target price for them at about 4.
5 euros.

In its comments, the independent broker highlights its optimism about the Dutch insurer's ability to overcome the low interest rate environment to turn its business around.

While its forecasts for the group were previously affected by the impact of the Covid crisis, its estimates are now more favourable, as Aegon's good performance over the first half of the year has convinced it of the group's ability to achieve a marked recovery in its business, in particular thanks to he improvement in the mortality rate in the US.

The share is currently up over 1% at about 4.2 euros today.


Copyright (c) 2021 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.