AON and Willis Towers Watson receive new analyst price targets
Analysts updated price targets for two major insurance and consulting firms. Wells Fargo cut AON's target to $406 from $409, while JPMorgan lowered it to $396 and Cantor Fitzgerald raised it to $445. The consensus target for AON stands at $402.19, with the stock trading around $353 after a 1.1% decline. AON reported quarterly earnings of $6.48 per share, beating estimates, and revenue of $5.03 billion, up 6.4% year‑over‑year.
For Willis Towers Watson, UBS lifted its target to $382 from $374, whereas BMO and Barclays reduced theirs to $300 and $303 respectively. The average target across analysts is $349.33. The company posted earnings of $3.72 per share, slightly ahead of expectations, with revenue of $2.41 billion, flat year‑over‑year. Both firms received a mix of buy, overweight and hold ratings from multiple research houses.