AON Plc Stock Rating Reaffirmed by UBS AG (AON)
AON Plc (NYSE:AON)‘s stock had its “buy” rating restated by research analysts at UBS AG in a report released on Thursday, American Banking and Market News reports. They currently have a $77.00 target price on the stock. UBS AG’s price target would indicate a potential upside of 4.12% from the stock’s previous close.
AON has been the subject of a number of other recent research reports. Analysts at MKM Partners raised their price target on shares of AON Plc (NYSE:AON) from $74.00 to $84.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, 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. 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 analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company. AON Plc currently has an average rating of “Hold” and a consensus price target of $67.00.
Shares of AON Plc (NYSE:AON) traded up 1.61% during mid-day trading on Thursday, hitting $75.14. 4,256,938 shares of the company’s stock traded hands. AON Plc has a 1-year low of $51.74 and a 1-year high of $75.93. The stock has a 50-day moving average of $68.50 and a 200-day moving average of $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 issued its quarterly earnings data on Friday, July 26th. The company reported $1.11 earnings per share (EPS) for the quarter, meeting the 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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