Aon plc price target lowered to $325 from $342 at RBC Capital

RBC Capital lowered the firm’s price target on Aon plc to $325 from $342 and keeps a Sector Perform rating on the shares after its Q4 earnings miss. The company’s organic growth was solid, with Reinsurance Solutions and Health Solutions leading the way, along with robust international growth, but the Commercial Solutions unit’s Q4 growth rate lagged its other units, the analyst tells investors in a research note. Aon’s overall operating margins expanded from last year, but at a slightly slower pace than in recent quarters, the firm added.