Ageas (OTCMKTS:AGESY) Hits New 1-Year High – Here’s Why

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

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on AGESY. Barclays reaffirmed an “overweight” rating on shares of Ageas in a research note on Tuesday, December 9th. The Goldman Sachs Group raised shares of Ageas to a “hold” rating in a report on Tuesday, December 2nd. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Ageas presently has a consensus rating of “Moderate Buy”.

Ageas Stock Performance

The company has a fifty 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.