Evercore analyst David Motemaden maintains $Aon PLC (AON.US)$ with a hold rating, and adjusts the target price from $384 to $407.
According to TipRanks data, the analyst has a success rate of 70.8% and a total average return of 12.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Aon PLC (AON.US)$'s main analysts recently are as follows:
The firm's assessment reflects Aon plc's adjusted EPS surpassing the consensus, indicating a more robust performance than the headline implies. The company's success across all key financial metrics is likely to mitigate investor apprehensions regarding growth and profitability. Looking ahead, the sustainability of this growth trajectory, particularly within the Health and Wealth segments, is anticipated to be a focal point.
After Aon plc reported Q3 earnings, expectations for the company's earnings per share were adjusted upward by 2% to account for better-than-anticipated organic growth and to advance the expected EPS benefit from NFP to 2025 from the previously projected 2026, although this was somewhat counterbalanced by a marginally increased tax rate.
Aon plc experienced an uptick in organic growth during Q3 compared to the first half of the year, showcasing broad-based strength across all units. Notably, the company's organic growth for Q3 was on par with or surpassed that of some competitors, after previously lagging in recent quarters. Moreover, the company has begun to realize cost savings, with expectations of more to come in subsequent quarters.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
