Barclays Capital Reiterates Hold Rating for AON Plc (AON)
AON Plc (NYSE:AON)‘s stock had its “hold” rating reaffirmed by equities researchers at Barclays Capital in a research report issued on Friday, Analyst Ratings.Net reports. They currently have a $78.00 price target on the stock, up from their previous price target of $63.00. Barclays Capital’s price objective indicates a potential upside of 4.78% from the company’s current price.
AON has been the subject of a number of other recent research reports. Analysts at Credit Suisse raised their price target on shares of AON Plc (NYSE:AON) from $51.00 to $73.00 in a research note to investors on Thursday, September 26th. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of AON Plc (NYSE:AON) from $71.00 to $76.00 in a research note to investors on Wednesday, September 25th. They now have a “market perform” rating on the stock. Finally, 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. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $70.08.
Shares of AON Plc (NYSE:AON) traded down 1.46% on Friday, hitting $73.35. The stock had a trading volume of 5,273,287 shares. AON Plc has a 52 week low of $51.78 and a 52 week high of $76.30. The stock has a 50-day moving average of $69.79 and a 200-day moving average of $65.57. The company has a market cap of $22.552 billion and a P/E ratio of 23.79.
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 last year, the company posted $1.02 earnings per share. AON Plc’s revenue was up 2.7% compared to the same quarter last year. Analysts expect that AON Plc will post $4.71 EPS 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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