AON (NYSE:AON) Upgraded at Evercore ISI

AON (NYSE:AON) was upgraded by research analysts at Evercore ISI from an “in-line” rating to an “outperform” rating in a report released on Wednesday, MarketBeat.com reports. The firm currently has a $420.00 target price on the financial services provider’s stock, up from their previous target price of $407.00. Evercore ISI’s price objective points to a potential upside of 20.48% from the company’s previous close.

A number of other equities analysts have also recently issued reports on AON. Barclays lifted their target price on AON from $394.00 to $440.00 and gave the stock an “overweight” rating in a report on Thursday, November 21st. JPMorgan Chase & Co. boosted their price target on shares of AON from $379.00 to $394.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. Keefe, Bruyette & Woods increased their price objective on AON from $385.00 to $415.00 and gave the stock an “outperform” rating in a report on Tuesday, October 29th. BMO Capital Markets raised their target price on AON from $325.00 to $380.00 and gave the company a “market perform” rating in a report on Monday, November 4th. Finally, Bank of America raised their target price on shares of AON from $345.00 to $375.00 and gave the company an “underperform” rating in a research note on Thursday, October 10th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $365.25.

AON Trading Up 0.0 %

Shares of NYSE:AON opened at $348.61 on Wednesday. The company has a 50 day moving average of $371.12 and a 200-day moving average of $345.75. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 2.66. The firm has a market cap of $75.39 billion, a P/E ratio of 29.42, a P/E/G ratio of 2.27 and a beta of 0.93. AON has a twelve month low of $268.06 and a twelve month high of $395.33.

Insider Transactions at AON

In related news, insider Lisa Stevens sold 1,275 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total transaction of $494,292.00. Following the transaction, the insider now directly owns 8,077 shares in the company, valued at approximately $3,131,291.36. The trade was a 13.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Mindy F. Simon sold 650 shares of the stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $394.34, for a total transaction of $256,321.00. Following the completion of the sale, the chief operating officer now owns 1,816 shares of the company’s stock, valued at approximately $716,121.44. This represents a 26.36 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Institutional Trading of AON

A number of hedge funds have recently made changes to their positions in AON. Anchor Investment Management LLC lifted its holdings in AON by 1,162.5% during the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 93 shares during the last quarter. Y.D. More Investments Ltd acquired a new stake in shares of AON during the 2nd quarter worth about $31,000. First Personal Financial Services bought a new stake in shares of AON during the 3rd quarter worth about $37,000. RPg Family Wealth Advisory LLC acquired a new position in AON in the 3rd quarter valued at about $42,000. Finally, Eastern Bank bought a new position in AON in the 3rd quarter valued at about $43,000. 86.14% of the stock is owned by institutional investors and hedge funds.

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.