AON Plc Price Target Raised to $76.00 at Keefe, Bruyette & Woods (AON)
Equities research analysts at Keefe, Bruyette & Woods raised their price objective on shares of AON Plc (NYSE:AON) from $71.00 to $76.00 in a research note issued to investors on Wednesday, Analyst Ratings Network reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price objective suggests a potential downside of 0.03% from the company’s current price.
A number of other analysts have also recently weighed in on AON. Analysts at UBS AG reiterated a “buy” rating on shares of AON Plc (NYSE:AON) in a research note to investors on Thursday, September 19th. They now have a $77.00 price target on the stock. Separately, 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, September 19th. They now have a “buy” rating on the stock. Finally, analysts at Guggenheim initiated coverage on shares of AON Plc (NYSE:AON) in a research note to investors on Wednesday, September 18th. They set a “buy” rating on the stock.
One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the stock. AON Plc has an average rating of “Hold” and a consensus price target of $67.45.
AON Plc (NYSE:AON) traded down 0.68% on Wednesday, hitting $75.50. 1,590,051 shares of the company’s stock traded hands. AON Plc has a 1-year low of $51.78 and a 1-year high of $76.30. The stock’s 50-day moving average is $69.27 and its 200-day moving average is $65.21. The company has a market cap of $23.213 billion and a P/E ratio of 24.30.
AON Plc (NYSE:AON) last announced its earnings results 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 previous year, the company posted $1.02 earnings per share. The company’s revenue for the quarter 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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