Morgan Stanley Turns Neutral on Aegon (AEG) Amid European Insurance Valuation Concerns

Aegon Ltd. (NYSE:AEG) is included among the 10 Best Stocks Under $15 to Buy Right Now.

On May 15, Morgan Stanley downgraded Aegon Ltd. (NYSE:AEG) to Equal Weight from Overweight. It kept its price target unchanged at EUR 7. The firm said valuations were “looking fuller” across the European insurance group and cited valuation concerns as the reason for the downgrade.

On May 22, the company announced that Jennifer Palmieri will join Aegon as Chief Human Resources Officer and a member of Aegon’s Executive Committee, effective June 29, 2026. She will succeed Holly Waters, who will retire on June 1, 2026.

Jennifer brings more than 25 years of experience in HR strategy, operating model transformation, talent development, and employee engagement. Most recently, she served as Chief People Officer at Westfield Insurance, an international property and casualty insurance company.

Before joining Westfield, Jennifer spent nearly 18 years at Cigna, where she held several senior HR positions. Her most recent role there was Senior Vice President, Human Resources Officer.

Aegon Ltd. (NYSE:AEG) is an international financial services holding company. The company provides products and services across insurance, long-term savings, banking, and asset management.

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