AON Plc PT Raised to $82.00 (AON)
Stock analysts at Sandler O’Neill increased their target price on shares of AON Plc (NYSE:AON) from $75.00 to $82.00 in a report issued on Tuesday, StockRatingsNetwork reports. The firm currently has a “buy” rating on the stock. Sandler O’Neill’s target price would suggest a potential upside of 14.88% from the company’s current price.
A number of other analysts have also recently weighed in on AON. Analysts at Deutsche Bank raised their price target on shares of AON Plc from $60.00 to $66.00 in a research note to investors on Tuesday, October 1st. They now have a “hold” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of AON Plc from $73.00 to $82.00 in a research note to investors on Monday, September 30th. They now have an “outperform” rating on the stock. Finally, analysts at Barclays Capital reiterated a “hold” rating on shares of AON Plc in a research note to investors on Friday, September 27th. They now have a $78.00 price target on the stock, up previously from $63.00. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $71.15.
Shares of AON Plc (NYSE:AON) traded down 1.07% during mid-day trading on Tuesday, hitting $71.38. 1,290,968 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 $70.52 and its 200-day moving average is $66.15. The company has a market cap of $21.947 billion and a P/E ratio of 23.06.
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 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. 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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