Aon plc Class A Ordinary Shares (UK) (AON) is Downgraded by Raymond James to Underperform

Aon plc Class A Ordinary Shares (UK) (AON) was Downgraded by Raymond James to ” Underperform”. Earlier the firm had a rating of “Mkt Perform ” on the company shares. Raymond James advised their investors in a research report released on Apr 15, 2016.

On the company’s financial health, Aon plc Class A Ordinary Shares (UK) reported $2.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.18 according to the earnings call on Feb 5, 2016. Analyst had a consensus of $2.09. The company had revenue of $3288.00 million for the quarter, compared to analysts expectations of $3338.00 million. The company’s revenue was down -.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.89 EPS.

Aon plc Class A Ordinary Shares (UK) opened for trading at $101.96 and hit $102.56 on the upside on Monday, eventually ending the session at $101.47, with a gain of 0.16% or 0.16 points. The heightened volatility saw the trading volume jump to 8,00,310 shares. Company has a market cap of $27,405 M.

In a different news, on Mar 23, 2016, Peter M Lieb (EVP & General Counsel) sold 25,000 shares at $101.24 per share price. According to the SEC, on Feb 26, 2016, Laurel G. Meissner (SVP & Global Controller) sold 10,000 shares at $93.08 per share price. On Feb 22, 2016, Christa Davies (EVP and CFO) sold 54,545 shares at $93.35 per share price, according to the Form-4 filing with the securities and exchange commission.

Aon plc Class A Ordinary Shares (UK)

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