Professional
Added to YB: 2024-12-18
Pitch date: 2024-12-16
AEG [bearish]
Aegon Ltd.
-31.46%
current return
Author Info
Spruce Point Capital Management is an activist investment manager specializing in forensic short-selling. Sign up for the newsletter.
Company Info
Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the Americas, the Netherlands, the United Kingdom, and internationally.
Market Cap
EUR 10.8B
Pitch Price
EUR 5.61
Price Target
3.14 (-57%)
Dividend
5.52%
EV/EBITDA
6.77
P/E
8.66
EV/Sales
0.92
Sector
Insurance
Category
N/A
Spruce Point Capital Management Issues 'Strong Sell' Research Opinion Aegon Ltd (NYSE: AEG, Euronext: AGN)
AEG: WFG MLM risks: 25% of op income, aggressive tactics, IUL concerns. FTC complaints: high-pressure, misleading claims. GFI competition threatens growth. Analysts miss structural risks. Est. €2.99-€4.67 share price (25-50% downside). Expect underperformance vs sector/market.
Read full article (4 min)