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Recommendations
Willis Towers Watson price target raised to $255 from $228 at Stifel » 09:15
02/14/23
02/14
09:15
02/14/23
09:15
WTW

Willis Towers Watson

$247.78 /

+2.91 (+1.19%)

, AON

Aon plc

$321.31 /

+3.27 (+1.03%)

, MMC

Marsh McLennan

$174.04 /

+2.03 (+1.18%)

Stifel analyst Shlomo…

Stifel analyst Shlomo Rosenbaum raised the firm's price target on Willis Towers Watson (WTW) to $255 from $228 and keeps a Hold rating on the shares. Though Willis Towers seems to be closing the organic growth gap with Aon plc (AON) and Marsh McLennan (MMC), this "has as much to do with slower growth at competitors" as it does with Willis' improved growth, said the firm, which adds that it thinks "it will be a stretch" for the company to achieve most of its revised 2024 targets.

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WTW Willis Towers Watson
$247.78 /

+2.91 (+1.19%)

MMC Marsh McLennan
$174.04 /

+2.03 (+1.18%)

AON Aon plc
$321.31 /

+3.27 (+1.03%)

WTW Willis Towers Watson
$247.78 /

+2.91 (+1.19%)

01/19/23 BMO Capital
Willis Towers Watson initiated with a Market Perform at BMO Capital
01/18/23 Keefe Bruyette
Arthur J. Gallagher downgraded, Willis Towers Watson upgraded at Keefe Bruyette
01/18/23 Keefe Bruyette
Willis Towers Watson upgraded to Outperform from Market Perform at Keefe Bruyette
01/17/23 Piper Sandler
Willis Towers Watson price target raised to $280 from $250 at Piper Sandler
AON Aon plc
$321.31 /

+3.27 (+1.03%)

02/06/23 Piper Sandler
Aon plc price target raised to $325 from $305 at Piper Sandler
01/19/23 BMO Capital
Aon plc initiated with a Market Perform at BMO Capital
01/13/23 Credit Suisse
Aon plc initiated with an Outperform at Credit Suisse
01/10/23 Evercore ISI
Aon plc upgraded to In Line at Evercore ISI on discounted valuation
MMC Marsh McLennan
$174.04 /

+2.03 (+1.18%)

01/30/23 Raymond James
Marsh McLennan price target raised to $185 from $180 at Raymond James
01/30/23 MKM Partners
Marsh McLennan price target raised to $175 from $160 at MKM Partners
01/30/23 Credit Suisse
Marsh McLennan price target raised to $172 from $157 at Credit Suisse
01/27/23 RBC Capital
Marsh McLennan price target raised to $180 from $170 at RBC Capital
WTW Willis Towers Watson
$247.78 /

+2.91 (+1.19%)

MMC Marsh McLennan
$174.04 /

+2.03 (+1.18%)

AON Aon plc
$321.31 /

+3.27 (+1.03%)

MMC Marsh McLennan
$174.04 /

+2.03 (+1.18%)

AON Aon plc
$321.31 /

+3.27 (+1.03%)

WTW Willis Towers Watson
$247.78 /

+2.91 (+1.19%)

MMC Marsh McLennan
$174.04 /

+2.03 (+1.18%)

AON Aon plc
$321.31 /

+3.27 (+1.03%)

AON Aon plc
$321.31 /

+3.27 (+1.03%)

Recommendations
Aon plc price target raised to $325 from $305 at Piper Sandler » 06:13
02/06/23
02/06
06:13
02/06/23
06:13
AON

Aon plc

$313.57 /

-9.19 (-2.85%)

Piper Sandler analyst…

Piper Sandler analyst Paul Newsome raised the firm's price target on Aon plc to $325 from $305 and keeps a Neutral rating on the shares post the Q4 results. The company posted a good quarter on an absolute basis but the shares are not cheap, the analyst tells investors in a research note.

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AON Aon plc
$313.57 /

-9.19 (-2.85%)

AON Aon plc
$313.57 /

-9.19 (-2.85%)

01/19/23 BMO Capital
Aon plc initiated with a Market Perform at BMO Capital
01/13/23 Credit Suisse
Aon plc initiated with an Outperform at Credit Suisse
01/10/23 Evercore ISI
Aon plc upgraded to In Line at Evercore ISI on discounted valuation
01/10/23 Evercore ISI
Aon plc upgraded to In Line from Underperform at Evercore ISI
AON Aon plc
$313.57 /

-9.19 (-2.85%)

AON Aon plc
$313.57 /

-9.19 (-2.85%)

AON Aon plc
$313.57 /

-9.19 (-2.85%)

AON Aon plc
$313.57 /

-9.19 (-2.85%)

Earnings
Aon plc reports Q4 adjusted EPS $3.89, consensus $3.65 » 06:10
02/03/23
02/03
06:10
02/03/23
06:10
AON

Aon plc

$322.90 /

+3.875 (+1.21%)

Reports Q4 revenue…

Reports Q4 revenue $3.13B, consensus $3.13B. "In the fourth quarter, our colleagues delivered 5% organic revenue growth, to finish a very strong year, contributing to full year organic revenue growth of 6%, margin expansion of 70 basis points to 30.8%, EPS growth of 12% to $13.39, and over $3 billion of free cash flow, an all-time high." said Greg Case, CEO. "These results continue our long-term progress and demonstrate the success of our Aon United strategy as we enter 2023 in a position of strength to continue delivering results for clients, colleagues, and shareholders."

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AON Aon plc
$322.90 /

+3.875 (+1.21%)

AON Aon plc
$322.90 /

+3.875 (+1.21%)

01/19/23 BMO Capital
Aon plc initiated with a Market Perform at BMO Capital
01/13/23 Credit Suisse
Aon plc initiated with an Outperform at Credit Suisse
01/10/23 Evercore ISI
Aon plc upgraded to In Line at Evercore ISI on discounted valuation
01/10/23 Evercore ISI
Aon plc upgraded to In Line from Underperform at Evercore ISI
AON Aon plc
$322.90 /

+3.875 (+1.21%)

AON Aon plc
$322.90 /

+3.875 (+1.21%)

AON Aon plc
$322.90 /

+3.875 (+1.21%)

AON Aon plc
$322.90 /

+3.875 (+1.21%)

Initiation
Aon plc initiated with a Market Perform at BMO Capital » 16:25
01/19/23
01/19
16:25
01/19/23
16:25
AON

Aon plc

$318.96 /

+4.89 (+1.56%)

BMO Capital analyst…

BMO Capital analyst Michael Zaremski initiated coverage of Aon plc with a Market Perform rating and $310 price target. There's a chance Aon would make a sizeable acquisition that's outside the typical brokerage-centric business model, and Aon has been a pioneer in using data to innovate within the insurance value chain, Zaremski tells investors in a research note.

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AON Aon plc
$318.96 /

+4.89 (+1.56%)

AON Aon plc
$318.96 /

+4.89 (+1.56%)

01/13/23 Credit Suisse
Aon plc initiated with an Outperform at Credit Suisse
01/10/23 Evercore ISI
Aon plc upgraded to In Line at Evercore ISI on discounted valuation
01/10/23 Evercore ISI
Aon plc upgraded to In Line from Underperform at Evercore ISI
12/14/22 Citi
Citi expands P&C insurance coverage with Arthur J. Gallagher top pick
AON Aon plc
$318.96 /

+4.89 (+1.56%)

AON Aon plc
$318.96 /

+4.89 (+1.56%)

AON Aon plc
$318.96 /

+4.89 (+1.56%)

AON Aon plc
$318.96 /

+4.89 (+1.56%)

Initiation
Aon plc initiated with an Outperform at Credit Suisse » 05:57
01/13/23
01/13
05:57
01/13/23
05:57
AON

Aon plc

$315.91 /

+3.66 (+1.17%)

Credit Suisse analyst…

Credit Suisse analyst Andrew Kligerman initiated coverage of Aon plc with an Outperform rating and $363 price target. Aon's management is continuously developing growth initiatives that unlock operational efficiencies and expand margins, including programs such as Aon United and Strategy and Technology Group, Kligerman tells investors in a research note. The analyst estimates a 15% EPS CAGR for organic revenue through 2024 and anticipates 2023 buybacks at 5% of the stock's float.

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AON Aon plc
$315.91 /

+3.66 (+1.17%)

AON Aon plc
$315.91 /

+3.66 (+1.17%)

01/10/23 Evercore ISI
Aon plc upgraded to In Line at Evercore ISI on discounted valuation
01/10/23 Evercore ISI
Aon plc upgraded to In Line from Underperform at Evercore ISI
12/14/22 Citi
Citi expands P&C insurance coverage with Arthur J. Gallagher top pick
12/14/22 Citi
Aon plc initiated with a Neutral at Citi
AON Aon plc
$315.91 /

+3.66 (+1.17%)

AON Aon plc
$315.91 /

+3.66 (+1.17%)

AON Aon plc
$315.91 /

+3.66 (+1.17%)

AON Aon plc
$315.91 /

+3.66 (+1.17%)

Upgrade
Aon plc upgraded to In Line at Evercore ISI on discounted valuation » 08:28
01/10/23
01/10
08:28
01/10/23
08:28
AON

Aon plc

$306.42 /

-0.74 (-0.24%)

, MMC

Marsh McLennan

$170.35 /

-0.57 (-0.33%)

As previously reported,…

As previously reported, Evercore ISI analyst David Motemaden upgraded Aon plc to In Line from Underperform with a price target of $330, up from $294. While his own organic revenue growth estimates remain below consensus, he is no longer below consensus in terms of his earnings forecast, Motemaden tells investors. The weak organic revenue growth is reflected in valuation, as the stock now trades at "a decent discount" to Marsh McLennan (MMC), Motemaden added.

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MMC Marsh McLennan
$170.35 /

-0.57 (-0.33%)

AON Aon plc
$306.42 /

-0.74 (-0.24%)

AON Aon plc
$306.42 /

-0.74 (-0.24%)

01/10/23 Evercore ISI
Aon plc upgraded to In Line from Underperform at Evercore ISI
12/14/22 Citi
Citi expands P&C insurance coverage with Arthur J. Gallagher top pick
12/14/22 Citi
Aon plc initiated with a Neutral at Citi
12/05/22 MKM Partners
Aon plc price target raised to $360 from $335 at MKM Partners
MMC Marsh McLennan
$170.35 /

-0.57 (-0.33%)

01/09/23 Jefferies
Marsh McLennan downgraded to Hold at Jefferies on valuation
01/09/23 Jefferies
Marsh McLennan downgraded to Hold from Buy at Jefferies
12/23/22 Credit Suisse
Marsh McLennan initiated with a Neutral at Credit Suisse
MMC Marsh McLennan
$170.35 /

-0.57 (-0.33%)

AON Aon plc
$306.42 /

-0.74 (-0.24%)

MMC Marsh McLennan
$170.35 /

-0.57 (-0.33%)

AON Aon plc
$306.42 /

-0.74 (-0.24%)

MMC Marsh McLennan
$170.35 /

-0.57 (-0.33%)

AON Aon plc
$306.42 /

-0.74 (-0.24%)

AON Aon plc
$306.42 /

-0.74 (-0.24%)

Upgrade
Aon plc upgraded to In Line from Underperform at Evercore ISI » 05:58
01/10/23
01/10
05:58
01/10/23
05:58
AON

Aon plc

$306.42 /

-0.74 (-0.24%)

Evercore ISI analyst…

Evercore ISI analyst David Motemaden upgraded Aon plc to In Line from Underperform with a $330 price target.

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AON Aon plc
$306.42 /

-0.74 (-0.24%)

AON Aon plc
$306.42 /

-0.74 (-0.24%)

12/14/22 Citi
Citi expands P&C insurance coverage with Arthur J. Gallagher top pick
12/14/22 Citi
Aon plc initiated with a Neutral at Citi
12/05/22 MKM Partners
Aon plc price target raised to $360 from $335 at MKM Partners
10/31/22 Raymond James
Aon plc downgraded to Underperform from Market Perform at Raymond James
AON Aon plc
$306.42 /

-0.74 (-0.24%)

AON Aon plc
$306.42 /

-0.74 (-0.24%)

AON Aon plc
$306.42 /

-0.74 (-0.24%)

AON Aon plc
$306.42 /

-0.74 (-0.24%)

Over a quarter ago
Initiation
Citi expands P&C insurance coverage with Arthur J. Gallagher top pick » 16:17
12/14/22
12/14
16:17
12/14/22
16:17
AJG

Arthur J. Gallagher

$193.12 /

-1.04 (-0.54%)

, AIG

AIG

$62.62 /

-0.6 (-0.95%)

, AON

Aon plc

$306.20 /

-3.825 (-1.23%)

, BRO

Brown & Brown

$58.16 /

-0.765 (-1.30%)

, DOMA

Doma Holdings

/

+

, MMC

Marsh McLennan

$172.32 /

-1.22 (-0.70%)

, ROOT

Root

$5.44 /

+0.17 (+3.23%)

, RYAN

Ryan Specialty Group

$41.12 /

+0.32 (+0.78%)

, WTW

Willis Towers Watson

$245.66 /

-1.28 (-0.52%)

Citi analyst Michael Ward…

Citi analyst Michael Ward added nine property and casualty insurance stocks to his coverage with Arthur J. Gallagher (AJG) as his top pick. He's also bullish on AIG. Both stocks were given Buy ratings with price targets of $225 and $72, respectively. Ward sees the brokers' business model as attractive and favors it within the P&C sector but acknowledges "elevated" valuation levels. Heading into 2023, P&C brokers are a "lower-risk, defensive group" favorable to the underwriters currently, Ward tells investors in a research note. He sees potential upside to Arthur J. Gallagher's guidance and likes AIG's commitment to the divesture of its life and retirement business. Ward's Neutral rated names are Aon plc (AON), Brown & Brown (BRO), Doma Holdings (DOMA), Marsh McLennan (MMC), Root (ROOT), Ryan Specialty Group (RYAN) and Willis Towers Watson (WTW).

ShowHide Related Items >><<
WTW Willis Towers Watson
$245.66 /

-1.28 (-0.52%)

RYAN Ryan Specialty Group
$41.12 /

+0.32 (+0.78%)

ROOT Root
$5.44 /

+0.17 (+3.23%)

MMC Marsh McLennan
$172.32 /

-1.22 (-0.70%)

DOMA Doma Holdings
/

+

BRO Brown & Brown
$58.16 /

-0.765 (-1.30%)

AON Aon plc
$306.20 /

-3.825 (-1.23%)

AJG Arthur J. Gallagher
$193.12 /

-1.04 (-0.54%)

AIG AIG
$62.62 /

-0.6 (-0.95%)

AJG Arthur J. Gallagher
$193.12 /

-1.04 (-0.54%)

12/14/22 Citi
Arthur J. Gallagher initiated with a Buy at Citi
11/08/22 Atlantic Equities
Marsh McLennan downgraded to Neutral from Overweight at Atlantic Equities
10/07/22 Jefferies
Arthur J. Gallagher price target raised to $215 from $208 at Jefferies
09/21/22 Piper Sandler
Arthur J. Gallagher downgraded to Neutral from Overweight at Piper Sandler
AIG AIG
$62.62 /

-0.6 (-0.95%)

12/14/22 Citi
AIG initiated with a Buy at Citi
12/14/22 RBC Capital
AIG price target raised to $73 from $68 at RBC Capital
11/30/22 JPMorgan
AIG reinstated with a Neutral at JPMorgan
11/07/22 Morgan Stanley
AIG resumed with an Overweight at Morgan Stanley
AON Aon plc
$306.20 /

-3.825 (-1.23%)

12/14/22 Citi
Aon plc initiated with a Neutral at Citi
12/05/22 MKM Partners
Aon plc price target raised to $360 from $335 at MKM Partners
10/31/22 Raymond James
Aon plc downgraded to Underperform from Market Perform at Raymond James
10/31/22 Raymond James
Aon plc downgraded to Underperform from Market Perform at Raymond James
BRO Brown & Brown
$58.16 /

-0.765 (-1.30%)

12/14/22 Citi
Brown & Brown initiated with a Neutral at Citi
10/26/22 Wells Fargo
Brown & Brown price target lowered to $60 from $66 at Wells Fargo
10/26/22 RBC Capital
Brown & Brown price target lowered to $62 from $66 at RBC Capital
10/07/22 Jefferies
Brown & Brown price target raised to $74 from $70 at Jefferies
DOMA Doma Holdings
/

+

12/14/22 Citi
Doma Holdings initiated with a Neutral at Citi
05/25/22 Compass Point
Compass Point starts Doma Holdings at Neutral amid mortgage headwinds
05/25/22 Compass Point
Doma Holdings initiated with a Neutral at Compass Point
05/16/22 Oppenheimer
Doma Holdings downgraded to Perform from Outperform at Oppenheimer
MMC Marsh McLennan
$172.32 /

-1.22 (-0.70%)

12/14/22 Citi
Marsh McLennan initiated with a Neutral at Citi
07/12/22 Jefferies
Marsh McLennan price target lowered to $181 from $198 at Jefferies
07/12/22 Goldman Sachs
Marsh McLennan initiated with a Buy at Goldman Sachs
ROOT Root
$5.44 /

+0.17 (+3.23%)

12/14/22 Citi
Root initiated with a Neutral at Citi
11/17/22 Keefe Bruyette
Root initiated with a Market Perform at Keefe Bruyette
11/15/22 Truist
Root price target lowered to $9 from $22.50 at Truist
11/11/22 Barclays
Root price target lowered to $8 from $17 at Barclays
RYAN Ryan Specialty Group
$41.12 /

+0.32 (+0.78%)

12/14/22 Citi
Ryan Specialty Group initiated with a Neutral at Citi
11/11/22 JPMorgan
Ryan Specialty Group price target lowered to $39 from $40 at JPMorgan
10/03/22 JPMorgan
Ryan Specialty downgraded to Underweight on pricing at JPMorgan
10/03/22 JPMorgan
Ryan Specialty Group downgraded to Underweight from Neutral at JPMorgan
WTW Willis Towers Watson
$245.66 /

-1.28 (-0.52%)

12/14/22 Citi
Willis Towers Watson initiated with a Neutral at Citi
12/05/22 MKM Partners
Willis Towers Watson price target raised to $285 from $250 at MKM Partners
10/13/22 Piper Sandler
Willis Towers Watson upgraded to Overweight from Neutral at Piper Sandler
09/26/22 Credit Suisse
Willis Towers Watson initiated with an Outperform at Credit Suisse
WTW Willis Towers Watson
$245.66 /

-1.28 (-0.52%)

RYAN Ryan Specialty Group
$41.12 /

+0.32 (+0.78%)

ROOT Root
$5.44 /

+0.17 (+3.23%)

MMC Marsh McLennan
$172.32 /

-1.22 (-0.70%)

DOMA Doma Holdings
/

+

BRO Brown & Brown
$58.16 /

-0.765 (-1.30%)

AON Aon plc
$306.20 /

-3.825 (-1.23%)

AJG Arthur J. Gallagher
$193.12 /

-1.04 (-0.54%)

AIG AIG
$62.62 /

-0.6 (-0.95%)

MMC Marsh McLennan
$172.32 /

-1.22 (-0.70%)

AON Aon plc
$306.20 /

-3.825 (-1.23%)

WTW Willis Towers Watson
$245.66 /

-1.28 (-0.52%)

RYAN Ryan Specialty Group
$41.12 /

+0.32 (+0.78%)

ROOT Root
$5.44 /

+0.17 (+3.23%)

BRO Brown & Brown
$58.16 /

-0.765 (-1.30%)

AON Aon plc
$306.20 /

-3.825 (-1.23%)

AJG Arthur J. Gallagher
$193.12 /

-1.04 (-0.54%)

AIG AIG
$62.62 /

-0.6 (-0.95%)

ROOT Root
$5.44 /

+0.17 (+3.23%)

AON Aon plc
$306.20 /

-3.825 (-1.23%)

Initiation
Aon plc initiated with a Neutral at Citi » 16:06
12/14/22
12/14
16:06
12/14/22
16:06
AON

Aon plc

$307.81 /

-2.215 (-0.71%)

Citi analyst Michael Ward…

Citi analyst Michael Ward initiated coverage of Aon plc with a Neutral rating and $339 price target.

ShowHide Related Items >><<
AON Aon plc
$307.81 /

-2.215 (-0.71%)

AON Aon plc
$307.81 /

-2.215 (-0.71%)

12/05/22 MKM Partners
Aon plc price target raised to $360 from $335 at MKM Partners
10/31/22 Raymond James
Aon plc downgraded to Underperform from Market Perform at Raymond James
10/31/22 Raymond James
Aon plc downgraded to Underperform from Market Perform at Raymond James
09/19/22 BofA
Aon plc reinstated with a Neutral at BofA
AON Aon plc
$307.81 /

-2.215 (-0.71%)

AON Aon plc
$307.81 /

-2.215 (-0.71%)

AON Aon plc
$307.81 /

-2.215 (-0.71%)

AON Aon plc
$307.81 /

-2.215 (-0.71%)

Recommendations
Aon plc price target raised to $360 from $335 at MKM Partners » 08:09
12/05/22
12/05
08:09
12/05/22
08:09
AON

Aon plc

$306.39 /

+3.38 (+1.12%)

MKM Partners analyst…

MKM Partners analyst Harry Fong raised the firm's price target on Aon plc to $360 from $335 and keeps a Buy rating on the shares as part of a broader research note on P&C Insurance. The industry is in a "traditional reinsurance-led hard market" which should extend past the upcoming 1/1 reinsurance renewal, the analyst tells investors in a research note. Fong adds that while no one knows when this hard market will end, he believes that industry pricing will remain elevated without any aggressive price cutting for at least another year and possibly longer.

ShowHide Related Items >><<
AON Aon plc
$306.39 /

+3.38 (+1.12%)

AON Aon plc
$306.39 /

+3.38 (+1.12%)

10/31/22 Raymond James
Aon plc downgraded to Underperform from Market Perform at Raymond James
10/31/22 Raymond James
Aon plc downgraded to Underperform from Market Perform at Raymond James
09/19/22 BofA
Aon plc reinstated with a Neutral at BofA
07/12/22 Jefferies
Aon plc price target lowered to $296 from $316 at Jefferies
AON Aon plc
$306.39 /

+3.38 (+1.12%)

AON Aon plc
$306.39 /

+3.38 (+1.12%)

AON Aon plc
$306.39 /

+3.38 (+1.12%)

AON Aon plc
$306.39 /

+3.38 (+1.12%)

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