Aon plc (AON) : 12 analysts are covering Aon plc (AON) and their average rating on the stock is 2.42, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Aon plc (AON) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Aon plc (AON) : The consensus price target for Aon plc (AON) is $108.5 for the short term with a standard deviation of $7.67. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $120, however, the pessimist price target for the company is $97.
Aon plc (NYSE:AON): The stock opened at $107.64 on Wednesday but the bulls could not build on the opening and the stock topped out at $108.38 for the day. The stock traded down to $107.33 during the day, due to lack of any buying support eventually closed down at $108.09 with a loss of -0.18% for the day. The stock had closed at $108.29 on the previous day. The total traded volume was 904,133 shares.
Also, Brokerage firm Raymond James downgrades its rating on Aon plc (NYSE:AON). The shares have been rated Underperform. Previously, the analysts had a Market Perform rating on the shares. The rating by the firm was issued on April 15, 2016. The company shares have rallied 9.10% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $110.17 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $107.37 and the 200 Day Moving Average price is recorded at $99.56.