Aon (NYSE:AON) “Buy” Rating Kept at Citigroup; With $120.00 Target

Aon (NYSE:AON) Rating

Aon (NYSE:AON) had its stock rating noted as “Buy” by analysts at Citigroup. Citigroup currently has a $120.00 target price per share on the $27.29B market cap company or 18.30% upside potential. This was disclosed in an analyst report on Friday, 8 April.

Out of 19 analysts covering Aon Corporation (NYSE:AON), 8 rate it “Buy”, 1 “Sell”, while 16 “Hold”. This means 32% are positive. $120 is the highest target while $85 is the lowest. The $102.42 average target is -3.07% below today’s ($101.44) stock price. Aon Corporation was the topic in 10 analyst reports since August 3, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the stock on November 2 with “Outperform” rating. Janney Capital initiated the shares of AON in a report on August 3 with “” rating.

About 299,663 shares traded hands. Aon plc Class A Ordinary Shares (UK) (NYSE:AON) has risen 11.91% since September 1, 2015 and is uptrending. It has outperformed by 5.22% the S&P500.

Analysts await Aon plc Class A Ordinary Shares (UK) (NYSE:AON) to reports earnings on May, 6. They expect $1.35 EPS, down 1.46% or $0.02 from last year’s $1.37 per share. AON’s profit will be $363.19 million for 18.79 P/E if the $1.35 EPS becomes reality. After $2.27 actual EPS reported by Aon plc Class A Ordinary Shares (UK) for the previous quarter, Wall Street now forecasts -40.53% negative EPS growth.

According to Zacks Investment Research, “Aon PLC provides risk management services, insurance and reinsurance brokerage and human resource consulting and outsourcing. The company’s risk management services segment offers solutions for property liability, general liability, professional liability, directors’ and officers’ liability, workers’ compensation and various healthcare products along with others. Its insurance and reinsurance brokerage segment offers property and casualty reinsurance and specialty lines, which includes medical malpractice, accident, life, and health, as well as capital management transaction and advisory services. Its human resource consulting and outsourcing segment offers human capital services in the areas of health and benefits, retirement, compensation and strategic human capital. Aon PLC, formally known as Aon Corporation, is headquartered in London, the United Kingdom.”

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