Recently, Aon plc (Symbol: AON) stock has surpassed the average analyst’s 12-month target price of $381.05, trading at $382.62 per share. When a stock hits an analyst’s target, they typically have two choices: downgrade the stock on valuation or adjust the target price upward. The reaction may also hinge on the company’s performance and market conditions—if optimism reigns, a new target could be on the horizon.
Currently, 19 different analysts contribute to the Aon price target, but averages can be misleading. One analyst has a target as low as $320.00, while another predicts a high of $432.00. The standard deviation among estimates stands at $30.498, illustrating the diversity of opinion regarding Aon’s value.
Examining the average AON price target allows investors to harness the collective insights of multiple experts rather than relying on a single viewpoint. As AON’s stock exceeds the average target price of $381.05 per share, it signals a good opportunity for investors to evaluate the company’s prospects. They face a critical choice: Is this just the beginning of a rise toward an even higher target, or is it time to consider selling some shares as the stock’s valuation appears stretched?
| Recent AON Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Month Ago | 3 Month Ago |
| Strong buy ratings: | 5 | 5 | 5 | 4 |
| Buy ratings: | 1 | 1 | 1 | 1 |
| Hold ratings: | 12 | 11 | 11 | 11 |
| Sell ratings: | 1 | 1 | 1 | 1 |
| Strong sell ratings: | 2 | 3 | 3 | 3 |
| Average rating: | 2.71 | 2.81 | 2.81 | 2.9 |
The average rating, which ranges from 1 (Strong Buy) to 5 (Strong Sell), provides a snapshot of analyst sentiment. This data is sourced from Zacks Investment Research via Quandl.com, with additional insights available in the latest Zacks research report on AON — FREE.
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Additional Resources:
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The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
