Aon Plc Given Average Recommendation of “Buy” by Brokerages (NYSE:AON)
Aon Plc (NYSE:AON) has received a consensus recommendation of “Buy” from the twelve ratings firms that are presently covering the company, ARN reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $83.47.
In other Aon Plc news, EVP Gregory J. Besio unloaded 10,000 shares of the company’s stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $89.74, for a total value of $897,400.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Aon Plc (NYSE:AON) traded up 0.35% during mid-day trading on Monday, hitting $91.01. 234,133 shares of the company’s stock traded hands. Aon Plc has a one year low of $62.19 and a one year high of $91.07. The stock has a 50-day moving average of $88.3 and a 200-day moving average of $84.36. The company has a market cap of $26.983 billion and a P/E ratio of 24.04.
Aon Plc (NYSE:AON) last announced its earnings results on Friday, April 25th. The company reported $1.11 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.17 by $0.06. The company had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $3.00 billion. During the same quarter last year, the company posted $1.11 earnings per share. Aon Plc’s revenue was up 1.1% compared to the same quarter last year. On average, analysts predict that Aon Plc will post $5.42 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on AON shares. Analysts at Zacks reiterated a “neutral” rating on shares of Aon Plc in a research note on Friday. They now have a $95.00 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Aon Plc from $81.00 to $83.00 in a research note on Monday, April 28th.
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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