AGEAS/S (OTCMKTS:AGESY) Stock Rating Upgraded by HSBC
HSBC upgraded shares of AGEAS/S (OTCMKTS:AGESY) from a hold rating to a buy rating in a research note released on Wednesday, The Fly reports.
Several other analysts also recently weighed in on the company. Royal Bank of Canada reissued a sector perform rating on shares of AGEAS/S in a report on Friday, June 19th. Zacks Investment Research raised AGEAS/S from a hold rating to a buy rating and set a $41.00 target price for the company in a report on Tuesday, July 7th. JPMorgan Chase & Co. reissued an overweight rating on shares of AGEAS/S in a report on Thursday, July 9th. UBS Group restated a neutral rating on shares of AGEAS/S in a research report on Tuesday, May 5th. Finally, Credit Suisse Group started coverage on AGEAS/S in a research report on Monday, May 18th. They issued an underperform rating on the stock. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $41.00.
Shares of OTCMKTS AGESY opened at $37.48 on Wednesday. The company has a market capitalization of $7.29 billion, a price-to-earnings ratio of 5.44, a price-to-earnings-growth ratio of 1.96 and a beta of 0.63. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.06 and a quick ratio of 0.06. The business has a 50-day moving average of $37.23 and a two-hundred day moving average of $41.26. AGEAS/S has a 1 year low of $26.91 and a 1 year high of $60.83.
ageas SA/NV, together with its subsidiaries, engages in insurance business in Europe and Asia. It operates through Belgium, United Kingdom, Continental Europe, Asia, and Reinsurance segments. The company primarily offers property, casualty, and life insurance products, as well as pension products; and reinsurance products.
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