$AON

Argus lowered its price target for Aon plc (AON) to $301.00, down from a previous estimate of $270.47. Aon is a global provider of insurance, reinsurance, and HR services, with a focus on brokerage operations.

Mizuho lowered its price target for Aon from $366 to $324. The company's stock is currently trading at $272.28, down 0.62% on the day and 1.70% over the past year, with a 22.90% decline over five days.

Aon appointed Denise Perlman as executive managing director and middle market segment leader for reinsurance. She will focus on growth and strategy for middle market insurers. Aon is expanding in this segment with the $17 billion acquisition of USI Insurance Services, pending regulatory approval. Perlman previously led business insurance at Marsh McLennan Agency.

Aon, a professional services firm, suffered a ransomware attack by the Termite group on October 6, 2026, exploiting a vulnerability in Cleo file transfer products. The attack, discovered the next day, involved rapid lateral movement and data encryption. No official statement from Aon or law enforcement has been released. The Termite group has targeted other high-value organizations in the past, posing significant operational and reputational risks.

Morgan Stanley maintained an Overweight rating for AON but lowered its price target from $410 to $350. GuruFocus values AON at $393.07, suggesting it is 30.4% undervalued. The company has a GF Score of 89/100, with strong profitability and growth but lower momentum. Insiders have shown significant buying activity.

Aon PLC chose Vanguard as recordkeeper for its Pooled Employer Plan, which has $4.915B in assets and 87,000 participants. The move aims to expand investment options, lower costs, and enhance plan administration. Aon expects cost savings for employers and participants. Vanguard will replace Voya Financial, which has held the role since 2021.

Aon (AON) launched its Power Lifecycle Program, offering up to $2.5b in insurance coverage per phase for large-scale power projects, including those supporting data centers and AI infrastructure. The program aims to streamline risk management and reduce coverage gaps. Analysts expect Aon's revenue to reach $22.9b and earnings $4.0b by 2029, with a potential 39% upside. The company's recent debt financing supports its expansion strategy, including the integration of USI.

Barclays lowered its price target for Aon from $382 to $317, keeping an equal weight rating. Morgan Stanley also reduced its target from $410 to $350, maintaining an overweight rating. Aon's stock is currently trading at $272.05, reflecting a 5-day increase of 0.96% and a year-to-date decline of 22.91%.

Aon issued US$13.5 billion in senior notes, with proceeds to repay debt from the USI Insurance Services acquisition. The company aims to deleverage to a 2.8:1-3.0:1 ratio within two years. Notes are divided into seven tranches, with coupons ranging from 5.350% to 6.450%. Fitch rated the notes BBB+ with a negative watch, while S&P affirmed Aon's A- rating but downgraded its outlook to negative.

Aon plc's average 12-month price target was reduced from $379.26 to $376.11 by analysts, with a range of $264 to $435. This suggests a 40% upside from the Oct. 2 closing price. The consensus rating remains 'Buy' among 26 analysts.