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Equities research analysts at BMO Capital Markets raised their price objective on shares of AON Plc (NYSE:AON) from $71.00 to $75.00 in a research note issued to investors on Friday, StockRatingsNetwork reports. BMO Capital Markets’ price target points to a potential downside of 7.43% from the company’s current price.

AON Plc (NYSE:AON) traded up 4.77% during mid-day trading on Friday, hitting $81.02. The stock had a trading volume of 2,578,172 shares. AON Plc has a one year low of $55.88 and a one year high of $84.63. The stock’s 50-day moving average is $81.63 and its 200-day moving average is $75.97. The company has a market cap of $24.795 billion and a price-to-earnings ratio of 21.91.

AON Plc (NYSE:AON) last issued its quarterly earnings data on Friday, January 31st. The company reported $1.54 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.50 by $0.04. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.27 billion. During the same quarter last year, the company posted $1.27 earnings per share. AON Plc’s revenue was up 3.0% compared to the same quarter last year. Analysts expect that AON Plc will post $5.25 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, February 17th. Investors of record on Monday, February 3rd will be paid a dividend of 0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Thursday, January 30th.

In other AON Plc news, Director Lester Knight purchased 30,000 shares of the company’s stock on the open market in a transaction dated Tuesday, February 4th. The shares were purchased at an average price of $77.31 per share, for a total transaction of $2,319,300.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

AON has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of AON Plc in a research note to investors on Wednesday. They now have a $81.00 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of AON Plc from $84.00 to $88.00 in a research note to investors on Monday. They now have an “outperform” rating on the stock. Finally, 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. Seven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $79.91.

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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