Aon PLC Class A
AON: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$877.00 | Dvfxmp | Hzhlgpbq |
Aon Reports Solid Growth and Margin Improvement in Third Quarter
Aon reported solid underlying growth in the third quarter, although the pace of growth lagged peers a bit. Overall revenue was basically flat year over year on a reported basis and up 5% on an organic basis. Still, we've expected the company's growth to start to slow down, and growth in the quarter was in line with our long-term expectations. We will maintain our $250 fair value estimate and narrow moat rating.