AON (NYSE:AON) Now Covered by BMO Capital Markets

Research analysts at BMO Capital Markets started coverage on shares of AON (NYSE:AONGet Rating) in a research report issued to clients and investors on Thursday, MarketBeat reports. The firm set a “market perform” rating and a $310.00 price target on the financial services provider’s stock. BMO Capital Markets’ target price would suggest a potential downside of 4.73% from the stock’s current price.

A number of other research firms also recently issued reports on AON. Credit Suisse Group started coverage on AON in a research report on Friday, January 13th. They issued an “outperform” rating and a $363.00 target price for the company. Wells Fargo & Company lifted their target price on shares of AON from $302.00 to $304.00 and gave the stock an “equal weight” rating in a research note on Monday, October 31st. StockNews.com started coverage on shares of AON in a research note on Wednesday, October 12th. They set a “hold” rating on the stock. MKM Partners boosted their target price on shares of AON from $335.00 to $360.00 and gave the company a “buy” rating in a report on Monday, December 5th. Finally, TheStreet raised AON from a “c+” rating to a “b-” rating in a report on Friday, December 9th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, AON has an average rating of “Hold” and an average price target of $311.70.

AON Stock Up 2.0 %

AON stock opened at $325.40 on Thursday. AON has a 1-year low of $246.21 and a 1-year high of $341.98. The stock has a market cap of $67.31 billion, a P/E ratio of 25.26, a P/E/G ratio of 2.01 and a beta of 0.88. The stock’s fifty day simple moving average is $304.90 and its two-hundred day simple moving average is $290.07. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 12.27.

AON (NYSE:AONGet Rating) last posted its quarterly earnings results on Friday, October 28th. The financial services provider reported $2.02 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.01. AON had a net margin of 22.49% and a return on equity of 445.81%. The company had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.81 billion. During the same quarter in the prior year, the business earned $1.74 earnings per share. The firm’s revenue for the quarter was down .2% on a year-over-year basis. Analysts expect that AON will post 13.16 EPS for the current year.

Institutional Trading of AON

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Veriti Management LLC raised its position in AON by 2.5% during the fourth quarter. Veriti Management LLC now owns 3,471 shares of the financial services provider’s stock valued at $1,042,000 after purchasing an additional 86 shares in the last quarter. HB Wealth Management LLC lifted its position in AON by 31.1% in the 4th quarter. HB Wealth Management LLC now owns 1,751 shares of the financial services provider’s stock worth $526,000 after buying an additional 415 shares during the last quarter. Anderson Hoagland & Co. boosted its stake in AON by 2.5% in the fourth quarter. Anderson Hoagland & Co. now owns 11,524 shares of the financial services provider’s stock worth $3,676,000 after buying an additional 283 shares in the last quarter. Miracle Mile Advisors LLC purchased a new position in shares of AON during the fourth quarter worth approximately $2,043,000. Finally, Chesley Taft & Associates LLC lifted its holdings in shares of AON by 1.2% in the 4th quarter. Chesley Taft & Associates LLC now owns 11,581 shares of the financial services provider’s stock worth $3,476,000 after acquiring an additional 134 shares during the last quarter. Hedge funds and other institutional investors own 86.12% of the company’s stock.

AON Company Profile

(Get Rating)

Aon plc, a professional services firm, provides advice and solutions to clients focused on risk, retirement, and health worldwide. It offers commercial risk solutions, including retail brokerage, cyber, and global risk consulting solutions, as well as acts as a captives management; and health solutions, such as health and benefits brokerages, and health care exchanges.

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Analyst Recommendations for AON (NYSE:AON)

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