Analyst Views And Outlook On Two Stocks: Aon plc (AON), Marathon Petroleum Corporation (MPC)

Aon plc (NYSE:AON) recorded a trading volume of 1.01 million shares, below its 90-day volume average of 1.16 million shares. The stock kicked off the session at $139.87 and later approached $139.24 with a change of -0.31%.

Aon plc (AON) Analyst Opinion

Aon plc has a consensus hold rating from 20 Wall Street analysts, and the number of shares currently sold short amount to at least 1.28% of shares outstanding. The stock spiked 0.43% last month and is up 24.85 this year. Wall Street is only getting more bullish on the stock, with 6 of analysts who cover AON having a buy-equivalent rating. Analysts have placed a $149.67 price target on Aon plc, suggesting a 7.49% gain from recent close. It’s currently trading about -8.86% below its 52-week high.

Aon plc Earnings Surprise

Aon plc (AON) surprised the stock market in its last reported earnings when it earned $1.29 a piece versus the consensus-estimated $1.28. Its revenue totaled $2.3 billion down -2.81% from the previous quarter.

Aon plc (NYSE:AON) Intraday View

This stock (AON) is ahead of its 52-week low with 26.79%. Its last month’s stock price volatility remained 1.66% which for the week stands at 1.43%. The share price has moved backward from its 20 days moving average, trading at a distance of -1.27% and stays -3.83% away from its 50 days moving average. Over the last five days, shares have faced -0.5% losses and now is up 4.43% since hitting its 200-day moving average of $139.64. Aon plc (AON) has made its way to a 12-month gain of 23.91%.

Turning to Marathon Petroleum Corporation (NYSE:MPC), its shares were trading at $64.54 a gain of $1.24, on the trading floor. The stock, after opening at $63.42, touched a high of $65.41 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.9. Marathon Petroleum Corporation has 7 buy ratings, 5 holds and 0 sells even after the stock climbed 0.34% from its high of $64.32 to a $30.9 billion market value through last close.

Marathon Petroleum Corporation (MPC) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 1.74 to 1.89 during a month. Analysts set a 12-month price target of $68.24 a share. The target implies a 5.73% spike from where the shares are currently trading. Also, the current price highlights a discount of 22.4% to analysts’ high consensus price target.

Marathon Petroleum Corporation (NYSE:MPC) Intraday Trading

The counter witnessed a trading volume of 4.25 million shares versus an average volume of 4.12 million shares during last trading session. Its last month’s stock price volatility remained 2.6% which for the week approaches 1.81%. The lowest price the stock reached in the last trading day was $63.155 and compares with the $46.88 52-week low. The stock recovered 37.67% since its low point and has performed 28.18% year-to-date.

SHARE
Previous articleTraders Brace for Comeback of Volatility: FibroGen, Inc. (FGEN), Frontline Ltd. (FRO)
Next articleAnalyst Recommendations And Earnings Forecast: Zoetis Inc. (ZTS), Flex Ltd. (FLEX)