How Will AEGON N.V (NYSE:AEG) Stock React To Societe Generale’s Downgrade to “Hold” from “Buy”?

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Societe_Generale_Analyst_Rating_Change AEGON N.V. NYSE:AEG

AEGON N.V (NYSE:AEG) Downgrade

In a note revealed to investors on Wednesday morning, Societe Generale lowered shares of AEGON N.V (NYSE:AEG) to “Hold” rating from “Buy” rating.

This stock rating downgrade is noticed by stock investors, as NYSE:AEG is right now trading -1.19% lower at $5.80 as of 8:07 AM New York time. AEGON N.V.’s stock is 0% in the past 200 days. It has underperformed the S&P500, which has surged 6.00% in the same time period.

AEG Stock Chart

AEGON N.V (NYSE:AEG) Profile

Aegon N.V. (Aegon) is an international life insurance, pensions and asset management company. The Company’s segments include the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom; Central & Eastern Europe; Spain & Portugal; Asia, and Aegon Asset Management. It offers protection against mortality, morbidity and longevity risks, including traditional and universal life.

AEGON N.V (NYSE:AEG) traded down -1.19% on 13 September, hitting $5.8. A total of 2.27M shares of the company’s stock traded hands. This is up from average of 1.82M shares. AEGON N.V. has a 52 week low of $3.70 and a 52 week high of $6.06. The company has a market cap of $12.13B and a P/E ratio of 6.2.

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