Aon PLC (AON) Getting Somewhat Favorable Press Coverage, Accern Reports
News stories about Aon PLC (NYSE:AON) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aon PLC earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.640425323899 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news articles that may have impacted Accern’s analysis:
- Aon sues Willis Towers Watson over CFO hire, alleges trade secrets jeopardized – Business Insurance (businessinsurance.com)
- Aon plc (AON) Delivered A Better ROE Than The Industry, Here’s Why (finance.yahoo.com)
- Aon : Despite Surge in Job Growth, Pay Raises and Bonuses for U.S. Workers Unlikely to Rise in 2018 (4-traders.com)
- Buckhead’s Three Alliance tower hits the market, could sell for at least $500 a foot (Video) (bizjournals.com)
- Aon : The Disappearance of U.S. Defined Benefit Plans? Not so Fast, say Aon Experts (4-traders.com)
AON has been the subject of a number of analyst reports. BidaskClub lowered Aon PLC from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 24th. Credit Suisse Group set a $133.00 price target on Aon PLC and gave the stock a “sell” rating in a research note on Thursday, June 22nd. ValuEngine raised Aon PLC from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Barclays PLC raised their price target on Aon PLC from $115.00 to $135.00 and gave the company an “equal weight” rating in a report on Monday, July 3rd. Finally, Zacks Investment Research cut shares of Aon PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company. Aon PLC presently has an average rating of “Hold” and a consensus price target of $139.00.
Shares of Aon PLC (AON) traded down 0.58% during midday trading on Friday, reaching $146.10. 1,292,888 shares of the company’s stock were exchanged. The company has a market capitalization of $37.16 billion, a PE ratio of 21.34 and a beta of 1.02. Aon PLC has a 1-year low of $107.19 and a 1-year high of $147.66. The firm has a 50-day moving average of $139.76 and a 200-day moving average of $130.04.
Aon PLC (NYSE:AON) last released its earnings results on Friday, August 4th. The financial services provider reported $1.45 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.45. The company 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 32.62% and a net margin of 17.28%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the firm earned $1.39 EPS. Equities analysts expect that Aon PLC will post $6.50 earnings per share for the current fiscal year.
In related news, CEO Michael J. O’connor sold 10,000 shares of Aon PLC stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $145.00, for a total value of $1,450,000.00. Following the completion of the sale, the chief executive officer now directly owns 123,805 shares in the company, valued at $17,951,725. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.90% of the stock is owned by company insiders.
Aon PLC Company Profile
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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