Zacks Research Upgrades Ageas (OTCMKTS:AGESY) to “Hold”

Ageas (OTCMKTS:AGESYGet Free Report) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Ageas Trading Up 0.9%

Shares of Ageas stock opened at $79.40 on Monday. The company’s 50 day moving average price is $78.51 and its two-hundred day moving average price is $74.24. Ageas has a fifty-two week low of $65.42 and a fifty-two week high of $81.33. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 1.13.

Ageas Company Profile

(Get Free Report)

Ageas is a multinational insurance group headquartered in Brussels, Belgium, offering a broad range of life and non?life insurance products. Established in 2010 following the restructuring of the Fortis group, Ageas traces its roots back to AG Insurance, founded in 1824. The company operates through two main business segments—protection and savings for individual and corporate clients, and a specialized brokerage and bancassurance network—providing both traditional and innovative risk management solutions.

In the life insurance segment, Ageas offers savings and pension plans, unit?linked policies, and health insurance coverage, while its non?life operations include property, casualty, motor, and liability insurance.

Further Reading

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