BMO Capital Reiterates Market Perform on Aon Corp (AON) as President Andersen Steps Down
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Rating Summary:
15 Buy, 13 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 19 | Down: 16 | New: 9
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BMO Capital analyst Michael Zaremski reiterated a Market Perform rating and $373.00 price target on Aon Corp (NYSE: AON).
The analyst commented: "Aon President Andersen Stepping Down; Aon reported on March 17 that company President Eric Andersen will transition to a new role as sr. advisor to CEO Greg Case. As when ex-CFO Christa Davies stepped down in July 2024, we estimate some investors will view this departure as the loss of talent that had helped propel Aon's stock price over the past decade. When former CFO Davies retired last year, Aon's board of directors approved a two-year extension of CEO Greg Case's employment agreement to April 2028."
For an analyst ratings summary and ratings history on Aon Corp click here. For more ratings news on Aon Corp click here.
Shares of Aon Corp closed at $390.98 yesterday.
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