AON Plc Price Target Increased to $84.00 by Analysts at MKM Partners (AON)
Research analysts at MKM Partners increased their target price on shares of AON Plc (NYSE:AON) from $74.00 to $84.00 in a report released on Thursday, Stock Ratings Network reports. The firm currently has a “buy” rating on the stock. MKM Partners’ price target suggests a potential upside of 13.59% from the company’s current price.
A number of other firms have also recently commented on AON. Analysts at Guggenheim initiated coverage on shares of AON Plc (NYSE:AON) in a research note to investors on Wednesday. They set a “buy” rating on the stock. Separately, analysts at UBS AG raised their price target on shares of AON Plc (NYSE:AON) from $66.00 to $77.00 in a research note to investors on Friday, July 26th. They now have a “buy” rating on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of AON Plc (NYSE:AON) in a research note to investors on Thursday, July 11th. They now have a $67.00 price target on the stock.
One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $67.00.
AON Plc (NYSE:AON) traded up 1.61% during mid-day trading on Thursday, hitting $75.14. The stock had a trading volume of 4,256,938 shares. AON Plc has a 1-year low of $51.74 and a 1-year high of $75.93. The stock’s 50-day moving average is $68.50 and its 200-day moving average is $64.74. The company has a market cap of $23.103 billion and a P/E ratio of 23.63.
AON Plc (NYSE:AON) last announced its earnings results on Friday, July 26th. The company reported $1.11 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.11. The company had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $2.91 billion. During the same quarter in the prior year, the company posted $1.02 earnings per share. The company’s quarterly revenue was up 2.7% on a year-over-year basis. On average, analysts predict that AON Plc will post $4.70 earnings per share for the current fiscal year.
Aon plc (NYSE:AON) is a global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, delivering distinctive client value via risk management and workforce productivity solutions.
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