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Aon Analysts Slash Their Forecasts After Q3 Results

Published 30/10/2023, 19:08
© Reuters.  Aon Analysts Slash Their Forecasts After Q3 Results
AON
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Benzinga - by Lisa Levin, Benzinga Editor.

Aon plc (NYSE: AON) reported better-than-expected results for its third quarter on Friday.

Aon posted adjusted earnings of $2.32 per share, beating market estimates of $2.21 per share. The company’s quarterly sales came in at $2.95 billion versus expectations of $2.89 billion.

Aon shares rose 0.2% to trade at $307.62 on Monday.

These analysts made changes to their price targets on Aon following earnings announcement.

  • Wells Fargo cut the price target on Aon from $317 to $304. Wells Fargo analyst Elyse Greenspan downgraded the stock from Equal-Weight to Underweight.
  • Piper Sandler lowered the price target on Aon from $322 to $318. Piper Sandler analyst Paul Newsome maintained a Neutral rating.
  • RBC Capital slashed the price target on Aon from $352 to $342. RBC Capital analyst Scott Heleniak maintained a Sector Perform rating.
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Latest Ratings for AON

DateFirmActionFromTo
Jan 2022Piper SandlerMaintainsNeutral
Jan 2022Wells FargoMaintainsEqual-Weight
Nov 2021JefferiesInitiates Coverage OnHold
View More Analyst Ratings for AON

View the Latest Analyst Ratings

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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