Report
Brett Horn
EUR 100.00 For Business Accounts Only

Aon is focusing on its moatiest operations.

Restructuring charges and an accounting change led to only nominal GAAP income of $48 million for Aon during the second quarter, but underlying results showed the company is on a positive trajectory. We continue to expect modest growth and margin improvement for Aon over time, although its restructuring efforts should lead to more material margin improvement in the near term. We are maintaining our $132 fair value estimate and narrow-moat rating.
Overall year-over-year growth, excluding currency...
Underlying
Aon Plc Class A

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brett Horn

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch