A number of research firms have changed their ratings and price targets for Aon PLC (NYSE: AON):

  • 10/31/2017 – Aon PLC was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Aon’s third-quarter earnings not only surpassed the Zacks Consensus Estimate but also increased significantly from the year-ago quarter. The company’s shares have outperformed the industry in a year's time. Its core business strengthening initiatives, efficient capital deployment, strong cash flow position and cost savings from its restructuring programs bode well for long-term growth. The company divested its non-core HR BPO business to Blackstone in order to streamline its core operations. However, its rising level of debt continues to bother. This results in increased expenses that weigh on the bottom line. Aon’s geographically diversified operations are also exposed to foreign currency fluctuations.”
  • 10/30/2017 – Aon PLC had its “hold” rating reaffirmed by analysts at Sandler O’Neill.
  • 10/30/2017 – Aon PLC had its price target raised by analysts at Jefferies Group LLC from $162.00 to $170.00. They now have a “buy” rating on the stock.
  • 10/30/2017 – Aon PLC had its price target raised by analysts at Wells Fargo & Company from $138.00 to $143.00. They now have a “market perform” rating on the stock.
  • 10/25/2017 – Aon PLC was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $171.00 price target on the stock. According to Zacks, “Aon’s shares have outperformed the industry in a year's time. The company’s core business strengthening initiatives, efficient capital deployment, strong cash flow position and cost savings from its restructuring programs bode well for long-term growth. The company divested its non-core HR BPO business to Blackstone in order to streamline its core operations. Strong merger and acquisition activities, divestitures and restructuring initiatives position the company favorably for the long run. The company has seen the Zacks Consensus Estimate for 2017 earnings being revised upward in last 60 days. Aon will release third quarter results on Oct 27, 2017 before the market opens.”
  • 10/16/2017 – Aon PLC had its price target raised by analysts at Barclays PLC from $135.00 to $140.00. They now have an “equal weight” rating on the stock.
  • 10/16/2017 – Aon PLC had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $154.00 price target on the stock.
  • 10/13/2017 – Aon PLC had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $162.00 price target on the stock.
  • 10/2/2017 – Aon PLC was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.

Aon PLC (NYSE AON) traded up $1.65 on Wednesday, hitting $143.54. The stock had a trading volume of 799,100 shares, compared to its average volume of 1,078,389. The firm has a market cap of $35,457.98, a price-to-earnings ratio of 21.02, a P/E/G ratio of 1.84 and a beta of 1.06. Aon PLC has a 12 month low of $109.18 and a 12 month high of $152.78. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 1.08.

Aon PLC (NYSE:AON) last released its earnings results on Friday, October 27th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.01. The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.29 billion. Aon PLC had a return on equity of 32.71% and a net margin of 16.78%. Aon PLC’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.29 EPS. equities analysts anticipate that Aon PLC will post 6.53 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Tuesday, October 31st. Aon PLC’s dividend payout ratio (DPR) is currently 21.79%.

In other news, EVP John G. Bruno sold 10,000 shares of the stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $143.24, for a total transaction of $1,432,400.00. Following the sale, the executive vice president now directly owns 10,471 shares of the company’s stock, valued at approximately $1,499,866.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Over the last three months, insiders have sold 30,000 shares of company stock worth $4,285,200. 0.90% of the stock is currently owned by insiders.

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.

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