AON (NYSE:AON) Price Target Raised to $380.00 at BMO Capital Markets

AON (NYSE:AON) had its price objective upped by equities research analysts at BMO Capital Markets from $325.00 to $380.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has a “market perform” rating on the financial services provider’s stock. BMO Capital Markets’ price target suggests a potential upside of 4.28% from the stock’s current price.

A number of other analysts have also issued reports on the stock. TD Cowen boosted their price target on shares of AON from $413.00 to $432.00 in a research note on Thursday, October 24th. Piper Sandler raised their price target on shares of AON from $312.00 to $335.00 and gave the company a “neutral” rating in a research report on Monday, July 29th. Jefferies Financial Group upped their price objective on AON from $344.00 to $365.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Keefe, Bruyette & Woods lifted their target price on AON from $385.00 to $415.00 and gave the company an “outperform” rating in a report on Tuesday, October 29th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $335.00 price target on shares of AON in a research report on Monday, August 5th. One 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.com, the company presently has an average rating of “Hold” and a consensus target price of $359.19.

AON Stock Down 0.7 %

NYSE:AON opened at $364.42 on Monday. AON has a 52 week low of $268.06 and a 52 week high of $389.21. The company has a quick ratio of 2.42, a current ratio of 2.05 and a debt-to-equity ratio of 2.66. The stock’s fifty day moving average is $352.15 and its two-hundred day moving average is $318.84. The stock has a market capitalization of $78.81 billion, a price-to-earnings ratio of 30.75, a price-to-earnings-growth ratio of 2.31 and a beta of 0.91.

Institutional Investors Weigh In On AON

Institutional investors and hedge funds have recently made changes to their positions in the business. CVA Family Office LLC increased its position in AON by 8.4% in the 3rd quarter. CVA Family Office LLC now owns 373 shares of the financial services provider’s stock valued at $129,000 after acquiring an additional 29 shares during the period. Amplius Wealth Advisors LLC lifted its holdings in shares of AON by 2.4% during the third quarter. Amplius Wealth Advisors LLC now owns 1,331 shares of the financial services provider’s stock worth $460,000 after purchasing an additional 31 shares during the period. waypoint wealth counsel increased its stake in AON by 3.6% in the 3rd quarter. waypoint wealth counsel now owns 927 shares of the financial services provider’s stock valued at $321,000 after buying an additional 32 shares during the period. Avidian Wealth Enterprises LLC raised its position in AON by 2.2% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 1,552 shares of the financial services provider’s stock worth $537,000 after buying an additional 34 shares during the last quarter. Finally, Trust Co. of Vermont lifted its stake in shares of AON by 8.7% in the 3rd quarter. Trust Co. of Vermont now owns 438 shares of the financial services provider’s stock worth $152,000 after acquiring an additional 35 shares during the period. 86.14% of the stock is owned by hedge funds and other institutional investors.

About AON

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.