AON (NYSE:AON) Price Target Raised to $415.00 at Keefe, Bruyette & Woods

AON (NYSE:AON) had its target price boosted by equities research analysts at Keefe, Bruyette & Woods from $385.00 to $415.00 in a report issued on Tuesday, Benzinga reports. The firm currently has an “outperform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 12.34% from the company’s previous close.

Several other equities analysts also recently weighed in on AON. Jefferies Financial Group increased their target price on AON from $344.00 to $365.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Wells Fargo & Company raised shares of AON from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $315.00 to $377.00 in a research report on Monday. Piper Sandler upped their price target on shares of AON from $312.00 to $335.00 and gave the stock a “neutral” rating in a research report on Monday, July 29th. Barclays started coverage on shares of AON in a report on Wednesday, September 4th. They issued an “overweight” rating and a $394.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on AON from $311.00 to $353.00 and gave the stock a “hold” rating in a report on Monday, August 26th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $355.75.

AON Price Performance

NYSE:AON opened at $369.43 on Tuesday. AON has a 12-month low of $268.06 and a 12-month high of $389.21. The firm has a market cap of $80.25 billion, a price-to-earnings ratio of 31.18, a price-to-earnings-growth ratio of 2.43 and a beta of 0.92. The company’s 50-day moving average is $351.06 and its two-hundred day moving average is $317.89. The company has a current ratio of 2.05, a quick ratio of 2.42 and a debt-to-equity ratio of 2.66.

Hedge Funds Weigh In On AON

Large investors have recently made changes to their positions in the business. Y.D. More Investments Ltd acquired a new stake in AON during the second quarter valued at approximately $31,000. Norden Group LLC bought a new position in shares of AON in the first quarter valued at $2,044,000. Daiwa Securities Group Inc. lifted its position in shares of AON by 14.2% during the 1st quarter. Daiwa Securities Group Inc. now owns 21,145 shares of the financial services provider’s stock valued at $7,056,000 after acquiring an additional 2,624 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of AON by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 17,661,672 shares of the financial services provider’s stock worth $5,894,053,000 after acquiring an additional 64,500 shares during the last quarter. Finally, Vontobel Holding Ltd. raised its position in shares of AON by 150.4% during the third quarter. Vontobel Holding Ltd. now owns 96,321 shares of the financial services provider’s stock worth $33,326,000 after purchasing an additional 57,847 shares during the period. Institutional investors own 86.14% of the company’s stock.

AON Company Profile

Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges.