Ageas (OTCMKTS:AGESY) Hits New 52-Week High – Should You Buy?

Ageas SA (OTCMKTS:AGESY) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $73.69 and last traded at $73.69, with a volume of 1976 shares changing hands. The stock had previously closed at $71.26.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AGESY. Barclays restated an “overweight” rating on shares of Ageas in a report on Tuesday, December 9th. The Goldman Sachs Group raised Ageas to a “hold” rating in a report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Ageas Trading Up 2.2%

The business has a 50-day moving average price of $69.33 and a two-hundred day moving average price of $69.01.

Ageas Company Profile

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.