AON Plc Sets New 1-Year High at $84.51 (AON)
AON Plc (NYSE:AON)’s share price reached a new 52-week high during trading on Friday, AmericanBankingNews.com reports. The stock traded as high as $84.51 and last traded at $84.29, with a volume of 619,393 shares traded. The stock had previously closed at $84.02.
A number of research firms have recently commented on AON. Analysts at Barclays raised their price target on shares of AON Plc from $82.00 to $86.00 in a research note to investors on Tuesday, January 7th. They now have an “equal weight” rating on the stock. Separately, analysts at UBS AG downgraded shares of AON Plc from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, November 13th. They now have a $87.00 price target on the stock, up previously from $77.00. They noted that the move was a valuation call. Finally, analysts at BMO Capital Markets raised their price target on shares of AON Plc from $67.00 to $71.00 in a research note to investors on Wednesday, October 30th. They now have an “underperform” rating on the stock. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $77.00.
AON Plc has a 52 week low of $54.65 and a 52 week high of $84.33. The stock’s 50-day moving average is $82.56 and its 200-day moving average is $74.59. The company has a market cap of $25.333 billion and a P/E ratio of 25.29.
AON Plc (NYSE:AON) last announced its earnings results on Friday, October 25th. The company reported $0.82 EPS for the quarter, beating the Thomson Reuters 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 $4.84 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, February 17th. Stockholders of record on Monday, February 3rd will be given a dividend of 0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Thursday, January 30th.
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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