Analyst Rating Update on Aon plc (AON)

Aon plc (NYSE:AON) : 12 analysts are covering Aon plc (NYSE: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 (NYSE: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 3, which recommends a Hold 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 (NYSE:AON) : The consensus price target for Aon plc (NYSE: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.

Company shares have received an average consensus rating of Hold for the current week Also, Major Brokerage house, Raymond James downgrades its ratings on Aon plc (NYSE:AON). According to the latest information available, the shares are now rated Underperform by the analysts at the agency. Previously, the analysts had a Market Perform rating on the shares. The rating by the firm was issued on April 15, 2016.

Aon plc (NYSE:AON): stock turned positive on Tuesday. Though the stock opened at $101.85, the bulls momentum made the stock top out at $103.95 level for the day. The stock recorded a low of $101.59 and closed the trading day at $103.92, in the green by 3.10%. The total traded volume for the day was 1,505,097. The stock had closed at $100.8 in the previous days trading.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP & General Counsel) of Aon Plc, Lieb Peter M had sold 25,000 shares worth of $2,531,000 in a transaction dated March 21, 2016. In this transaction, 25,000 shares were sold at $101.24 per share.

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