Market Overview

UPDATE: Sterne Agee Downgrades Aon Corporation to Neutral on Underperformance, Limited Upside

Related AON
Analysts Still Searching For A Tailwind To Propel Willis Towers Watson
Stocks Hitting 52-Week Highs

Sterne Agee downgraded Aon (NYSE: AON) from Buy to Neutral and raised the price target from $62.00 to $65.00.

Sterne Agee commented, "We are downgrading AON to Neutral from Buy as shares have outperformed the group over the past year and upside is a bit less compelling in our view versus some of its other peers (particularly its closest peer MMC). Our double-digit earnings growth forecast for AON over the next two years is roughly in line with the group average. We would note our price target of $65 still implies 13% upside and we continue to remain positive on the insurance broker group overall."

Aon Corporation closed at $57.75 on Friday.

Latest Ratings for AON

Oct 2016CitigroupMaintainsBuy
Sep 2016BarclaysMaintainsEqual-Weight
Aug 2016MKM PartnersDowngradesBuyNeutral

View More Analyst Ratings for AON
View the Latest Analyst Ratings

Posted-In: Sterne AgeeAnalyst Color Downgrades Pre-Market Outlook Analyst Ratings


Related Articles (AON)

View Comments and Join the Discussion!