JPMorgan cuts target for Aon stock from USD 412 to USD 362
Published on 10/05/2026 at 10:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Aon plc (ISIN IE00BLP1HW54) was trading at EUR 240.65 at Lang & Schwarz on October 5, 2026 at 10:16 a.m. CEST, up 0.17 percent versus the prior close of EUR 240.25. JPMorgan cut its Aon target from USD 412.00 to USD 362.00 in a note dated October 1, 2026, as Markets Insider reported.
JPMorgan trims the valuation bar
The target reduction came during a third-quarter earnings preview, with JPMorgan maintaining an Overweight rating on the shares. The USD 50.00 cut represents a 12.14 percent reduction from the former target, a sharper change than the 0.17 percent intraday move in the euro quote.
The note linked the reassessment to valuation and the broader insurance brokerage group after its third-quarter selloff. For Aon, the target change puts the financing and integration plan ahead of the October earnings date as the main near-term valuation test.
Second-quarter growth stays mixed
Aon's second-quarter 2026 revenue rose to USD 4.246 billion from USD 4.155 billion, a 2.00 percent increase, according to Trivano in its July 29, 2026 results report. Organic revenue growth was 5.00 percent, while adjusted earnings per share increased 9.00 percent year over year to USD 3.81.
The mix explains why the headline growth rate needs context. Risk Capital revenue increased 5.00 percent to USD 3.0 billion, while Human Capital revenue fell 4.00 percent to USD 1.2 billion in the second quarter.
USI deal keeps leverage central
Aon agreed on August 31, 2026 to acquire USI Insurance Services from KKR for USD 17.0 billion in cash, funded with new debt, according to Yahoo Finance. The company expects USD 395 million in annual run-rate synergies and adjusted earnings-per-share accretion in 2028.
The transaction gives Aon a measurable operating target, but it also raises the importance of debt repayment and execution. The contrast between projected synergies and the USD 17.0 billion purchase price is central to the market's response.
Euro quote holds above prior close
At Lang & Schwarz, Aon stock stood at EUR 240.65 on October 5, 2026 at 10:16 a.m. CEST, plus 0.17 percent versus the EUR 240.25 prior close of October 2, 2026. The primary listing is on the NYSE in USD, while the euro quote gives German investors a separate intraday reference.
The further course of trading is shown by the continuously updated real-time quote of Aon stock.
Aon stock key data
- Company: Aon plc
- ISIN: IE00BLP1HW54
- Ticker: AON
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 5, 2026, 10:16 a.m. CEST): EUR 240.65
- Change versus prior close: plus 0.17 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 240.25
- Market capitalization: USD 57.2 billion (as of October 2, 2026)
- 52-week range: USD 268.90-382.34 (as of October 2, 2026)
- Sector / Industry: Financial Services / Insurance Brokers
