Aegon (NYSE:AEG) Coverage Initiated at BNP Paribas Exane

Key Points

• BNP Paribas Exane initiated coverage on Aegon with an outperform rating and a $10 price target, implying roughly a 35.6% upside from the prior close.
• Analyst sentiment is mixed—one Strong Buy, three Buy and three Hold—resulting in an average rating of Moderate Buy and an average price target of $10.00.
• Aegon shares opened at $7.38 (52‑week range $5.42–$8.15) with a $14.8B market cap and a negative trailing P/E of -46.09, while institutional investors like BNP Paribas Financial Markets and Dimensional Fund Advisors materially increased their holdings.

Analysts at BNP Paribas Exane initiated coverage on shares of Aegon (NYSE:AEG - Get Free Report) in a research note issued on Tuesday. The firm set an "outperform" rating and a $10.00 price target on the financial services provider's stock. BNP Paribas Exane's target price would suggest a potential upside of 35.59% from the stock's previous close.

Other research analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft initiated coverage on Aegon in a research note on Wednesday, January 7th. They set a "hold" rating on the stock. Wall Street Zen lowered Aegon from a "buy" rating to a "hold" rating in a research note on Saturday, February 21st. Weiss Ratings lowered Aegon from a "buy (a-)" rating to a "buy (b)" rating in a research note on Monday, March 9th. Finally, Morgan Stanley reissued an "overweight" rating on shares of Aegon in a research note on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $10.00.

Aegon Trading Up 0.2%

Shares of Aegon stock opened at $7.38 on Tuesday. Aegon has a fifty-two week low of $5.42 and a fifty-two week high of $8.15. The firm has a market cap of $14.80 billion, a PE ratio of -46.09, a P/E/G ratio of 0.47 and a beta of 0.79. The business's fifty day moving average is $7.37 and its two-hundred day moving average is $7.57. The company has a quick ratio of 0.06, a current ratio of 0.07 and a debt-to-equity ratio of 0.36.

Institutional Trading of Aegon

A number of institutional investors and hedge funds have recently made changes to their positions in AEG. BNP Paribas Financial Markets increased its holdings in shares of Aegon by 306.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 6,169,541 shares of the financial services provider's stock worth $44,667,000 after buying an additional 4,650,272 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Aegon by 27.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 9,869,198 shares of the financial services provider's stock worth $78,853,000 after buying an additional 2,127,932 shares during the last quarter. ABC Arbitrage SA acquired a new stake in shares of Aegon during the 3rd quarter worth $16,634,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in shares of Aegon during the 3rd quarter worth $15,408,000. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Aegon by 46,430.6% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,207,468 shares of the financial services provider's stock worth $9,648,000 after buying an additional 1,204,873 shares during the last quarter. 4.32% of the stock is currently owned by institutional investors and hedge funds.

About Aegon

Aegon N.V. is a multinational financial services company headquartered in The Hague, Netherlands, specializing in life insurance, pensions and asset management. Established in 1983 through the merger of AGO and Ennia, Aegon has built a reputation for offering retirement solutions, savings products and protection plans aimed at helping customers secure their financial futures. The company operates under well-known brands, including Transamerica in the United States, and serves both individual and corporate clients.

Throughout its history, Aegon has pursued strategic acquisitions and partnerships to strengthen its market position and broaden its service offerings.

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