Evercore ISI on Aon Corp (AON): 'best broker print'
Evercore ISI analyst David Motemaden reiterated an Outperform rating and $436.00 price target on Aon Corp (NYSE: AON)
The analyst commented, "This is the best broker print (although against a lowered bar in Reinsurance) with strength in the highest multiple Commercial Risk business leading the way at +7% organic growth. While we were a little worried heading in given CRS renewals in 1Q tend to be intl focused where pricing pressure has been more severe (this didn’t seem to be too big of a headwind as AON highlighted strong growth in EMEA/slight positive mkt impact), AON delivered a solid print that we believe was driven by continued share gains powered by the +6% producer growth in ’25. Cml Risk comps get more difficult throughout the rest of the yr and pricing pressure continues to come in worse than we expected, likely resulting in stable Cml Risk organic growth ests. However, Cml Risk organic stability/lack of downward revisions is a win in this tape so we think this result will be well received."
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 $310.83 yesterday.
