Zacks Investment Research upgraded shares of Ageas SA (OTCMKTS:AGESY) from a hold rating to a buy rating in a report issued on Tuesday morning. They currently have $41.00 target price on the stock.
According to Zacks, “Ageas, formerly known as Fortis, is an international insurance company. The Company has chosen to concentrate its business activities in Europe and Asia. Ageas offers international insurance services such as life and non-life, disability, and medical to individuals and groups. The Company also has subsidiaries in France, Germany, Turkey, Ukraine and Hong Kong. Ageas operates partnerships in Luxembourg, Italy, Portugal, China, Malaysia, India and Thailand. “
Ageas SA (OTCMKTS:AGESY) opened at 36.33 on Tuesday. The stock’s 50 day moving average is $35.84 and its 200-day moving average is $36.62. The stock has a market capitalization of $7.57 billion, a price-to-earnings ratio of 29.73 and a beta of 1.24. Ageas SA has a 52-week low of $31.65 and a 52-week high of $47.27.
Ageas SA Company Profile