AON Plc PT Raised to $90.00 at MKM Partners (AON)
Analysts at MKM Partners increased their target price on shares of AON Plc (NYSE:AON) to $90.00 in a research report issued to clients and investors on Friday, Analyst Ratings Network reports. MKM Partners’ price objective suggests a potential upside of 19.08% from the company’s current price.
AON Plc (NYSE:AON) traded up 2.87% on Friday, hitting $77.75. 3,009,377 shares of the company’s stock traded hands. AON Plc has a 52 week low of $51.74 and a 52 week high of $69.59. The stock’s 50-day moving average is $67.95 and its 200-day moving average is $64.41. The company has a market cap of $23.905 billion and a P/E ratio of 24.15.
AON Plc (NYSE:AON) last issued its quarterly earnings data on Friday, October 25th. The company reported $0.82 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.60 by $0.22. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter in the prior year, the company posted $0.95 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. Analysts expect that AON Plc will post $4.71 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, November 15th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.18 per share. This represents a $0.70 annualized dividend and a dividend yield of 0.93%. The ex-dividend date is Wednesday, October 30th.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated a “buy” rating on shares of AON Plc in a research note to investors on Tuesday, October 8th. They now have a $82.00 price target on the stock. Separately, analysts at Sandler O’Neill raised their price target on shares of AON Plc from $75.00 to $82.00 in a research note to investors on Tuesday, October 8th. They now have a “buy” rating on the stock. Finally, 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. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $71.62.
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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