AEGON N.V. (NYSE:AEG) traded at a new 52-week high today of $4.75. Approximately 798,000 shares have changed hands today, as compared to an average 30-day volume of 2.3 million shares.
Aegon is a Dutch headquartered insurance company with core operations that stretch across the U.S., Netherlands, and United Kingdom. The business also holds peripheral ventures in Spain, Portugal, and China and life insurance in Bermuda. Aegon management recently announced the sale of its Central and Eastern European operations to Vienna Insurance in what we think is an approximate fairly priced transaction. However, we would like to see these divestments go further with the sale of Spain and Portugal as well as the U.K. under the company’s new leadership.
Over the past year, AEGON N.V. has traded in a range of $1.80 to $4.75 and is now at $4.74, 163% above that low.
There is potential upside of 19.6% for shares of AEGON N.V. based on a current price of $4.74 and an average consensus analyst price target of $5.67.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer