Aegon: in the green, UBS welcomes share buybacks


(CercleFinance.com) – The stock ended the day with a gain of around +1%. UBS reaffirms its ‘buy’ recommendation on Aegon with a price target maintained at 5.95 euros, a target which conceals a potential increase of 27% for the title of the Dutch insurance company.

“Share buybacks have started, with the highest capital returns in the sector over the next 12 months”, underlines the broker, who also sees 5 to 10% of additional potential to its valuation linked to measures of the direction.

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