Aon plc Class A (AON) Receives $142.92 Consensus PT from Brokerages

Shares of Aon plc Class A (NYSE:AON) have received a consensus recommendation of “Hold” from the eighteen analysts that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $142.92.

Several analysts recently weighed in on AON shares. Zacks Investment Research upgraded shares of Aon plc Class A from a “hold” rating to a “buy” rating and set a $171.00 price objective on the stock in a research report on Wednesday, October 25th. Barclays lifted their price objective on shares of Aon plc Class A from $135.00 to $140.00 and gave the company an “equal weight” rating in a research report on Monday, October 16th. Wells Fargo & Co lifted their price objective on shares of Aon plc Class A from $138.00 to $143.00 and gave the company a “market perform” rating in a research report on Monday, October 30th. Jefferies Group reiterated a “buy” rating and issued a $162.00 price objective on shares of Aon plc Class A in a research report on Friday, October 13th. Finally, ValuEngine downgraded shares of Aon plc Class A from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd.

In other Aon plc Class A news, SVP Laurel G. Meissner sold 4,000 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $141.20, for a total transaction of $564,800.00. Following the sale, the senior vice president now directly owns 12,314 shares in the company, valued at approximately $1,738,736.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John Zern sold 17,680 shares of the business’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $139.79, for a total transaction of $2,471,487.20. Following the sale, the chief executive officer now owns 27,695 shares in the company, valued at $3,871,484.05. The disclosure for this sale can be found here. Insiders have sold a total of 41,680 shares of company stock worth $5,903,887 over the last 90 days. 0.90% of the stock is owned by insiders.

Several hedge funds have recently added to or reduced their stakes in the business. Abner Herrman & Brock LLC raised its position in shares of Aon plc Class A by 2.8% during the 4th quarter. Abner Herrman & Brock LLC now owns 35,221 shares of the financial services provider’s stock worth $4,720,000 after buying an additional 956 shares in the last quarter. Atlantic Trust Group LLC raised its position in shares of Aon plc Class A by 183.6% during the 3rd quarter. Atlantic Trust Group LLC now owns 160,987 shares of the financial services provider’s stock worth $23,520,000 after buying an additional 104,220 shares in the last quarter. AustralianSuper Pty Ltd bought a new stake in shares of Aon plc Class A during the 3rd quarter worth about $9,570,000. Parametric Portfolio Associates LLC raised its position in shares of Aon plc Class A by 4.6% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 495,651 shares of the financial services provider’s stock worth $72,415,000 after buying an additional 21,667 shares in the last quarter. Finally, Fieldpoint Private Securities LLC bought a new stake in shares of Aon plc Class A during the 3rd quarter worth about $121,000. Institutional investors own 87.23% of the company’s stock.

Aon plc Class A (AON) traded up $1.15 during midday trading on Tuesday, hitting $136.57. 820,699 shares of the stock traded hands, compared to its average volume of 1,088,150. Aon plc Class A has a 1-year low of $109.82 and a 1-year high of $152.78. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.35 and a quick ratio of 2.35. The firm has a market cap of $33,840.00, a price-to-earnings ratio of 35.66, a PEG ratio of 1.40 and a beta of 1.04.

Aon plc Class A (NYSE:AON) last issued its quarterly earnings data on Friday, October 27th. The financial services provider reported $1.29 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.28 by $0.01. The firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.29 billion. Aon plc Class A had a net margin of 16.78% and a return on equity of 32.71%. Aon plc Class A’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the firm posted $1.29 EPS. equities research analysts expect that Aon plc Class A will post 6.53 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: This news story was published by Ticker Report and is the sole property of of Ticker Report. If you are reading this news story on another domain, it was illegally copied and reposted in violation of US and international copyright & trademark legislation. The legal version of this news story can be viewed at https://www.tickerreport.com/banking-finance/3127643/aon-plc-class-a-aon-receives-142-92-consensus-pt-from-brokerages.html.

About Aon plc Class A

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 Class A (NYSE:AON)

Receive News & Ratings for Aon plc Class A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aon plc Class A and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2018 Ticker Report. Google+.