Several research analysts have already reduced the FY2021 earnings for AON in a research report published on the 11th of June. P. Newsome, the analyst from the company, has predicted that the provider of financial services would be reporting an EPS of $10.80 for the year- from an earlier EPS of $11. The brokerage has also put up estimates into the Q1 earnings of the company.
The Stock Commentary Of AON
There have been quite a few research equities that have commented on the stocks of AON. Morgan Stanley has already increased the price target of the company from $254 to $268 with a rating of equal weight in a 27th May research report. Wells Fargo & Company has also increased the price target of the company from $275 to $287 with a rating of overweight in a 3rd May research report.
Deutsche Bank has also increased the price target of the company from $205 to $245 with a rating of hold in a 3rd May research report. JPMorgan Chase & Co has also increased the price target of the company from $241 to $249 with a rating of overweight in a 3rd May research report.
One of the investment analysts covering the firm has already given it a rating of sell, while four others have issued the company with a rating of hold. Around five other analysts have issued the company with a rating of buy. Currently, AON has a hold rating with a $239.40 price target.
The shares of AON traded on Monday at $250.11. The moving average price of the company over a period of 50 days is $246.01. The current ratio of the company is 2.78, with a 2.78 quick ratio, and a 1.67 debt-to-equity ratio. The market cap of the firm is $56.44 billion, with a 27.33 PE ratio, along with a 0.85 beta. The year low of the company is $177.21, with a year high of around $260.97.