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Wednesday, December 21, 2011

Aon insurance stock forecast 2012

Aon insurance stock forecast 2012 ; Aon Corporation(AON) is a provider of risk management services, insurance and reinsurance brokerage, human resource solutions and outsourcing in over 120 countries.

Of the 21 analysts covering the stock, 62% recommend a buy and 33% suggest a hold. The stock's average 12-month price target is $54.17, or 21.5% higher than the current price, according to a Bloomberg consensus.

For the third quarter of 2011, Aon reported revenue of $2.72 billion, up 51% from $1.80 billion in the prior-year period. Net income attributable to shareholders grew 37.5% to $198 million, or 59 cents per share, from $144 million, or 52 cents, in the same quarter previous year.

The company announced that for the fifth straight year it achieved a perfect score of 100% on Human Rights Campaign Foundation's Corporate Equality Index for 2011. Aon was among the 190 U.S. companies to achieve this honor.

The company is partnering QBE Insurance Group, among the top 25 insurers worldwide, to offer Aon Rent Protect, a new insurance product designed to reimburse landlords for lost income when tenants default on rent payments. For the latest updates on the insurance stock market, visit insurance stock For the latest updates PRESS CTR + D or visit Stock Market news Today

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