Aon plc (AON) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 38 analysts24.4% Below Target
AON trades 24.4% below Wall Street's consensus target of $395.40.
Current Price$317.74
Average Target$395.40
Target
Current
Low$355.00
Median$394.50
High$443.00
Analyst Target Range
Forward P/E16.6x
(Fair)
PEG Ratio1.10
(Fair)
Implied Growth+4.6%
(Low)
Analyst Spread22.3%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes AON achieves its forward estimates and maintains a stable P/E multiple of 16.6x. This scenario reflects the blended consensus of 38 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
AON Price Target Analysis
Updated June 22, 2026As of June 22, 2026, Aon plc (AON) has a Wall Street consensus price target of $395.40, based on estimates from 38 covering analysts. With the stock currently trading at $317.74, this represents a potential upside of +24.4%. The company has a market capitalization of $68.08B.
Analyst price targets range from a low of $355.00 to a high of $443.00, representing a 22% spread in expectations. The median target of $394.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 19 analysts rating the stock as a Buy or Strong Buy,18 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, AON trades at a trailing P/E of 18.7x and forward P/E of 16.6x. The forward PEG ratio of 1.10 indicates reasonable valuation for growth. Analysts expect EPS to grow +4.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $423.05, with bear and bull scenarios of $266.52 and $557.40 respectively. Model confidence stands at 50/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+21.5%
Industry Consensus
Avg Forward P/E
15.3x
(Fair)
Peers with Coverage
9 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 MMCMarsh & McLennan Companies, Inc. | $85.3B | $174.06 | $210.40 | +20.9% | Hold | 16.9x | 26 |
 WTWWillis Towers Watson Public Limited Company | $24.1B | $255.20 | $334.69 | +31.1% | Buy | 13.1x | 29 |
 AJGArthur J. Gallagher & Co. | $55.0B | $214.06 | $260.82 | +21.8% | Buy | 16.1x | 29 |
 BROBrown & Brown, Inc. | $20.1B | $59.10 | $88.00 | +48.9% | Hold | 13.1x | 30 |
 HIGThe Hartford Financial Services Group, Inc. | $35.3B | $128.25 | $151.56 | +18.2% | Buy | 10.0x | 42 |
 ERIEErie Indemnity Company | $10.2B | $221.14 | — | — | — | 17.5x | — |
 RLIRLI Corp. | $4.9B | $53.09 | $56.33 | +6.1% | Hold | 19.2x | 12 |
 RYANRyan Specialty Holdings, Inc. | $4.5B | $34.97 | $38.38 | +9.8% | Hold | 17.1x | 19 |
 ACGLArch Capital Group Ltd. | $32.5B | $91.18 | $102.57 | +12.5% | Buy | 9.8x | 34 |
 BLKBlackRock, Inc. | $173.7B | $1050.09 | $1301.63 | +24.0% | Buy | 19.7x | 33 |
AON — Frequently Asked Questions
Quick answers to the most common questions about buying AON stock.
What is the AON stock price target for 2026?
The consensus Wall Street price target for AON is $395.4, representing 24.4% upside from the current price of $317.74. With 38 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is AON a buy, sell, or hold?
AON has a consensus rating of "Buy" based on 38 Wall Street analysts. The rating breakdown is mixed, with 18 Hold ratings making up the largest segment. The consensus 12-month price target of $395.4 implies 24.4% upside from current levels.
Is AON stock overvalued or undervalued?
With a forward P/E of 16.6048x, AON trades at a relatively low valuation. The consensus target of $395.4 implies 24.4% appreciation, suggesting meaningful undervaluation.
How high can AON stock go?
The most bullish Wall Street analyst has a price target of $443 for AON, while the most conservative target is $355. The consensus of $395.4 represents the median expectation. Our quantitative valuation model projects a bull case target of $557 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover AON stock?
AON is heavily covered by Wall Street, with 38 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 19 have Buy ratings, 18 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the AON stock forecast?
The 12-month AON stock forecast based on 38 Wall Street analysts shows a consensus price target of $395.4, with estimates ranging from $355 (bear case) to $443 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $423, with bear/bull scenarios of $267/$557.
What is AON's fair value based on fundamentals?
Our quantitative valuation model calculates AON's fair value at $423 (base case), with a bear case of $267 and bull case of $557. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.
What is AON's forward P/E ratio?
AON trades at a forward P/E ratio of 16.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 18.7x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy AON stock?
Wall Street analysts are very optimistic on AON, with a "Buy" consensus rating and $395.4 price target (24.4% upside). 19 of 38 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do AON price targets vary so much?
AON analyst price targets range from $355 to $443, a 22% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $395.4 consensus represents the middle ground. Our model's $267-$557 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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