JPMorgan upgraded Ageas (AGESY) to Overweight from Neutral with a price target of EUR 65, up from EUR 55. The European insurers outperformed in 2024, suggesting lower upside potential in 2025, the analyst tells investors in a research note.. However, the firm still sees reasons to remain positive given earnings upgrades and resilience during a period of uncertainty. It adjusted ratings as of a 2025 preview for the European insurance sector.
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Read More on AGESY:
- ageas (AGESY) Announces Q4 Dividend: Save the Dates!
- Ageas downgraded to Market Perform from Outperform at Keefe Bruyette
- Ageas upgraded to Neutral from Underweight at JPMorgan
- Ageas price target raised to EUR 58 from EUR 54.90 at Berenberg
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