In a report issued on May 21, Jay Gelb from Barclays maintained a Hold rating on Aon Plc (AON), with a price target of $182. The company’s shares closed yesterday at $180.96, close to its 52-week high of $182.61.
According to TipRanks.com, Gelb is a 5-star analyst with an average return of 7.8% and a 68.5% success rate. Gelb covers the Financial sector, focusing on stocks such as American International Group, Renaissancere Holdings Ltd, and AXA Equitable Holdings Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Aon Plc with a $182 average price target.
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Based on Aon Plc’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.14 billion and net profit of $659 million. In comparison, last year the company earned revenue of $3.09 billion and had a net profit of $586 million.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock.
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Aon Plc is engaged in the provision of a range of risk, retirement, and health solutions. It operates through Aon United segment.
