Zacks Investment Research lowered shares of Ageas SA (OTCMKTS:AGESY) from a buy rating to a hold rating in a research report sent to investors on Tuesday morning.

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. “

Shares of Ageas SA (OTCMKTS:AGESY) opened at 37.04 on Tuesday. Ageas SA has a 52 week low of $31.65 and a 52 week high of $47.27. The firm’s 50 day moving average is $35.55 and its 200-day moving average is $36.70. The firm has a market cap of $7.72 billion, a price-to-earnings ratio of 30.11 and a beta of 1.24.

About Ageas SA

ageas SA is an international insurance company. The Company’s business segments include Belgium, the United Kingdom, Continental Europe, Asia and General Account. The Belgian insurance activities operate under the name of AG Insurance. The Company’s business in the United Kingdom is a national provider of Nonlife insurance solutions.

Get a free copy of the Zacks research report on Ageas SA (AGESY)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for Ageas SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ageas SA and related companies with's FREE daily email newsletter.