Aon PLC (NYSE: AON) has recently received a number of price target changes and ratings updates:

  • 8/9/2017 – Aon PLC had its price target raised by analysts at Deutsche Bank AG from $113.00 to $123.00. They now have a “hold” rating on the stock.
  • 8/7/2017 – Aon PLC had its price target raised by analysts at Citigroup Inc. from $155.00 to $159.00. They now have a “buy” rating on the stock.
  • 8/6/2017 – Aon PLC had its “hold” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $143.00 price target on the stock.
  • 8/4/2017 – Aon PLC had its “hold” rating reaffirmed by analysts at Wells Fargo & Company.
  • 7/31/2017 – Aon PLC was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 7/24/2017 – Aon PLC had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $162.00 price target on the stock, up previously from $146.00.
  • 7/13/2017 – Aon PLC had its price target raised by analysts at Citigroup Inc. from $144.00 to $155.00. They now have a “buy” rating on the stock.
  • 7/11/2017 – Aon PLC was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 7/11/2017 – Aon PLC was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Aon’s core business strengthening initiatives, efficient capital deployment, strong cash flow position and cost savings from its restructuring programs pave the way for long-term growth. The company divested its non-core HR BPO business to Blackstone. Strong merger and acquisition activities, divestitures and restructuring initiatives position the company favorably for the long run. As a result, the stock has gained 21% year to date compared with 14% increase of the Zacks Insurance Brokerage industry. In addition, the Zacks Consensus Estimate for both 2017 and 2018 have revised upward significantly over past thirty days since it has released strong first quarter results.However, heavy debt burden and associated interest expenses raise concern. Stiff competition, ongoing legal hassles and foreign currency fluctuations remain major headwinds.”
  • 7/6/2017 – Aon PLC had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $138.00 price target on the stock, up previously from $130.00.
  • 7/3/2017 – Aon PLC had its price target raised by analysts at Barclays PLC from $115.00 to $135.00. They now have an “equal weight” rating on the stock.
  • 6/24/2017 – Aon PLC was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 6/22/2017 – Aon PLC was given a new $133.00 price target on by analysts at Credit Suisse Group. They now have a “sell” rating on the stock.
  • 6/21/2017 – Aon PLC was downgraded by analysts at Janney Montgomery Scott from a “buy” rating to a “neutral” rating.
  • 6/21/2017 – Aon PLC was downgraded by analysts at Langen Mcalenn from a “buy” rating to a “neutral” rating.
  • 6/16/2017 – Aon PLC had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $146.00 price target on the stock.

Aon PLC (AON) traded down 0.96% during trading on Thursday, reaching $138.85. The company’s stock had a trading volume of 842,301 shares. The company has a market capitalization of $35.31 billion, a P/E ratio of 20.28 and a beta of 1.03. The firm’s 50-day moving average price is $136.39 and its 200 day moving average price is $124.86. Aon PLC has a 12-month low of $107.19 and a 12-month high of $141.45.

Aon PLC (NYSE:AON) last posted its quarterly earnings data on Friday, August 4th. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.45. Aon PLC had a return on equity of 32.62% and a net margin of 17.28%. The company had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.37 billion. During the same quarter in the previous year, the business earned $1.39 EPS. Aon PLC’s revenue was up 3.8% compared to the same quarter last year. On average, analysts predict that Aon PLC will post $6.50 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 1st will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Friday, July 28th. Aon PLC’s dividend payout ratio is 20.48%.

In other Aon PLC news, SVP Laurel G. Meissner sold 4,000 shares of the company’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 completion of the sale, the senior vice president now directly owns 16,314 shares in the company, valued at approximately $2,058,663.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Peter M. Lieb sold 2,000 shares of the company’s stock in a transaction on Thursday, May 25th. The stock was sold at an average price of $130.40, for a total value of $260,800.00. Following the completion of the sale, the executive vice president now owns 20,216 shares of the company’s stock, valued at $2,636,166.40. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by corporate 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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