06:10 AM EDT, 05/16/2025 (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 12-month target price to USD7.90 (from USD7.50) due to the higher EUR currency, and is based on a 2025 P/BV of 1.5x, which is 2 standard deviations above its three-year average of 0.9x and reflects a 29% discount to peer average of 2.0x. Aegon's ( AEG ) Q1 2025 OCG increased by a modest 4% Y/Y to EUR267M. This accounts for 22% of 2025 guidance of EUR1.2B and was within market expectations but above our forecast. Hence, we lower our EPS forecasts to EUR0.78 (from EUR0.68) for 2025 and EUR0.84 (from EUR0.91) for 2026. Earnings on in-force rose 12% Y/Y, driven by improved underwriting experience in the U.K. and international markets. However, this was largely offset by seasonal unfavorable mortality rates in U.S. protection businesses and lower results in China. Management plans a new share buyback program of EUR200M to be completed in 2H 2025 with 68% completion for 1H 2025 share buyback plan. We keep our Buy rating given low price-to-book valuation of 1.2x currently vs. peers average of 2.1x.