Where is Aegon Ltd. (AEG) Headed According to Wall Street?

Aegon Ltd. (NYSE:AEG) is one of the top cheap stocks under $20 to buy now. JPMorgan cut the price target on Aegon Ltd. (NYSE:AEG) to EUR 8 from EUR 8.50 on December 16 while maintaining an Overweight rating on the shares. Bank of America Securities also maintained a Buy rating on the stock on December 10, keeping the associated price target the same at €7.50.

The rating update came the same day as Aegon Ltd.’s (NYSE:AEG) Capital Markets Day (CMD) 2025 in London, on which it announced its ambition to become a leading US life insurance and retirement group, along with plans to move its legal seat and head office to the United States. Aegon Ltd. (NYSE:AEG) plans to conclude the completion of the re-domiciliation by January 1, 2028, after which the holding company would be renamed Transamerica Inc. The business units would continue their operations under their current brands.

Management further reported that the relocation decision came after the review announced in August 2025, with the initiative supporting Aegon Ltd.’s (NYSE:AEG) commitment to prioritize resources to build a leading US life insurance and retirement group. The company expects to begin reporting under US GAAP for the first time at its full-year 2027 results, and will cease publishing trading updates in 2026 and 2027 to facilitate the transition. It would limit disclosures to comprehensive half-year reporting, and its common stock will remain listed on NYSE and Euronext following the relocation.

Aegon Ltd. (NYSE:AEG) is an international financial services company that provides protection, investment, and retirement solutions. The company’s operations are divided into the following segments: Americas, The Netherlands, United Kingdom, International, Asset Management, and Holding and Other Activities.

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Disclosure: None. This article is originally published at Insider Monkey.