Aon PLC (NYSE:AON)‘s stock had its “hold” rating reissued by investment analysts at Royal Bank Of Canada in a report issued on Sunday. They presently have a $143.00 target price on the financial services provider’s stock. Royal Bank Of Canada’s price objective suggests a potential upside of 2.91% from the company’s previous close.

AON has been the subject of several other reports. Morgan Stanley reaffirmed an “equal weight” rating and issued a $138.00 price objective (up from $130.00) on shares of Aon PLC in a report on Thursday, July 6th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $146.00 price objective (up from $137.00) on shares of Aon PLC in a report on Tuesday, May 9th. BidaskClub raised Aon PLC from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 11th. Zacks Investment Research raised Aon PLC from a “sell” rating to a “hold” rating in a report on Wednesday, May 10th. Finally, Citigroup Inc. lifted their price objective on Aon PLC from $144.00 to $155.00 and gave the company a “buy” rating in a report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $135.83.

Shares of Aon PLC (AON) traded down 0.01% during mid-day trading on Friday, reaching $138.95. The company’s stock had a trading volume of 1,109,902 shares. The firm has a market cap of $36.41 billion, a price-to-earnings ratio of 27.45 and a beta of 1.03. The firm has a 50 day moving average price of $135.80 and a 200 day moving average price of $123.89. Aon PLC has a 52-week low of $107.19 and a 52-week high of $141.45.

Aon PLC (NYSE:AON) last announced its quarterly earnings data on Friday, August 4th. The financial services provider reported $1.45 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.45. The firm had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.37 billion. Aon PLC had a return on equity of 32.34% and a net margin of 12.23%. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.39 EPS. On average, equities analysts predict that Aon PLC will post $6.53 EPS for the current fiscal year.

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In related news, EVP Peter M. Lieb sold 2,000 shares of the business’s stock in a transaction on Thursday, May 25th. The stock was sold at an average price of $130.40, for a total transaction of $260,800.00. Following the sale, the executive vice president now owns 20,216 shares in the company, valued at approximately $2,636,166.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Laurel G. Meissner sold 4,000 shares of the business’s stock in a transaction on Thursday, May 18th. The stock was sold at an average price of $126.19, for a total value of $504,760.00. Following the sale, the senior vice president now owns 16,314 shares in the company, valued at approximately $2,058,663.66. The disclosure for this sale can be found here. Insiders own 0.90% of the company’s stock.

A number of large investors have recently modified their holdings of AON. Longview Partners Guernsey LTD raised its stake in shares of Aon PLC by 1.7% in the second quarter. Longview Partners Guernsey LTD now owns 6,700,077 shares of the financial services provider’s stock worth $890,775,000 after buying an additional 114,690 shares in the last quarter. Mawer Investment Management Ltd. raised its stake in shares of Aon PLC by 2.5% in the second quarter. Mawer Investment Management Ltd. now owns 5,131,164 shares of the financial services provider’s stock worth $682,188,000 after buying an additional 122,803 shares in the last quarter. Boston Partners raised its stake in shares of Aon PLC by 1.3% in the second quarter. Boston Partners now owns 3,066,684 shares of the financial services provider’s stock worth $407,715,000 after buying an additional 39,993 shares in the last quarter. Tesco Pension Investment Ltd raised its stake in shares of Aon PLC by 4.2% in the second quarter. Tesco Pension Investment Ltd now owns 1,530,405 shares of the financial services provider’s stock worth $203,467,000 after buying an additional 61,907 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in shares of Aon PLC by 4.5% in the second quarter. Legal & General Group Plc now owns 1,347,737 shares of the financial services provider’s stock worth $179,183,000 after buying an additional 58,225 shares in the last quarter. Institutional investors and hedge funds own 86.26% of the company’s stock.

About Aon PLC

Aon plc (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. The Company operates in two segments: Risk Solutions and Human Resource (HR) Solutions.

Analyst Recommendations for Aon PLC (NYSE:AON)

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