Professional
Added to YB: 2024-08-07
Pitch date: 2024-06-30
AON [bullish]
Aon plc
+12%
current return
Author Info
No bio for this author
Company Info
Aon plc operates as a professional services firm in the United States, rest of the Americas, the United Kingdom, Ireland, rest of Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$68.6B
Pitch Price
$289.47
Price Target
N/A
Dividend
1.02%
EV/EBITDA
13.41
P/E
17.63
EV/Sales
4.74
Sector
Insurance
Category
value
Artisan Global Value Fund New Position: Aon plc
AON: Global #2 insurance broker, resilient model, recurring revenue. Stock -13% YoY due to slower growth vs Marsh & McLennan & expensive NFP acquisition. Trades 17x fwd earnings, discount to peers. Expect growth normalization as IPO/M&A activity recovers & NFP integrated. High single-digit profit/FCF growth long-term.
Read full article (2 min)