Aon plc (AON) Tops Q1 EPS by 9c
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BMO Capital Maintains Market Perform Rating on Aon plc (AON) Post Q1; PT to $90
May 5, 2015 7:17 AM EDTBMO Capital Markets reiterated a Hold rating on Aon plc (NYSE: AON) while raising its target price to $90 (from $88) following the release of 1Q15 results. AON experienced strong organic growth in 1Q15 with 3% compared to 1.2% last year, however still lower than the expected 3.4%.
Analyst Charles Sebaski comments, "When looking at the different segments, most of the drag in expected underlying growth was contributed by the reinsurance brokerage unit. For 1Q15, the... More
