05:50 AM EDT, 08/21/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our target price to USD9.50 (from USD7.90), based on a 2025 P/BV of 1.7x, which reflects a 35% discount to peer average of 2.6x. Aegon's ( AEG ) H1 2025 net profit of EUR606M (vs. net loss of EUR65M in H1 2024) was slightly ahead of consensus expectations but within ours, representing 48% of our 2025 forecast and 51% of the Street's. Sequential momentum was within our estimates with Q2 2025 OCG increasing 16% to EUR309M from Q1's EUR267M, led by sustained operating improvements and favorable market conditions across key business segments. Management reaffirmed all 2025 financial targets, including operating capital generation of EUR1.2B and dividend growth trajectory toward EUR0.40. Hence, we maintain our EPS forecasts of EUR0.78 for 2025 and EUR0.84 for 2026, which are already slightly ahead of consensus. We retain our Buy rating given Aegon's ( AEG ) low price-to-book valuation of 1.3x currently vs. peers.