Aon (AON) Got Higher Goldman Sachs Rating; Pcj Investment Counsel LTD Raised Encana Corp. (ECA) Stake

March 15, 2018 - By Darrin Black

Pcj Investment Counsel Ltd increased Encana Corp. (ECA) stake by 21.81% reported in 2017Q3 SEC filing. Pcj Investment Counsel Ltd acquired 627,678 shares as Encana Corp. (ECA)’s stock declined 8.34%. The Pcj Investment Counsel Ltd holds 3.51M shares with $41.18M value, up from 2.88 million last quarter. Encana Corp. now has $10.68B valuation. The stock decreased 1.94% or $0.22 during the last trading session, reaching $10.89. About 2.70 million shares traded. Encana Corporation (NYSE:ECA) has risen 50.13% since March 15, 2017 and is uptrending. It has outperformed by 33.43% the S&P500.

Among 15 analysts covering Aon Corporation (NYSE:AON), 3 have Buy rating, 2 Sell and 10 Hold. Therefore 20% are positive. Aon Corporation has $173.0 highest and $13 lowest target. $131.77’s average target is -9.07% below currents $144.915 stock price. Aon Corporation had 49 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Hold” rating by Wells Fargo given on Friday, August 4. As per Friday, February 2, the company rating was maintained by Jefferies. Barclays Capital maintained it with “Equal-Weight” rating and $138 target in Tuesday, February 20 report. The firm has “Buy” rating given on Friday, June 16 by Jefferies. The stock of Aon plc (NYSE:AON) has “Market Perform” rating given on Monday, October 30 by Wells Fargo. The firm earned “Neutral” rating on Wednesday, June 21 by Janney Capital. The firm has “Buy” rating given on Friday, February 9 by Citigroup. The stock of Aon plc (NYSE:AON) earned “Sell” rating by Zacks on Tuesday, August 4. The stock of Aon plc (NYSE:AON) has “Buy” rating given on Sunday, August 6 by Keefe Bruyette & Woods. The stock of Aon plc (NYSE:AON) has “Buy” rating given on Wednesday, February 28 by Citigroup.

The stock increased 0.48% or $0.695 during the last trading session, reaching $144.915. About 901,493 shares traded. Aon plc (NYSE:AON) has risen 21.47% since March 15, 2017 and is uptrending. It has outperformed by 4.77% the S&P500.

Analysts await Aon plc (NYSE:AON) to report earnings on May, 8. They expect $2.81 EPS, up 93.79% or $1.36 from last year’s $1.45 per share. AON’s profit will be $692.11 million for 12.89 P/E if the $2.81 EPS becomes a reality. After $2.35 actual EPS reported by Aon plc for the previous quarter, Wall Street now forecasts 19.57% EPS growth.

Aon plc provides risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing services worldwide. The company has market cap of $35.69 billion. The firm operates through two divisions, Risk Solutions and HR Solutions. It has a 30.79 P/E ratio. The Risk Solutions segment offers retail brokerage services, including affinity products, managing general underwriting, placement, captive management services, and data and analytics; risk management solutions for property liability, general liability, professional liability, directors' and officers' liability, transaction liability, cyber liability, workers' compensation, and various healthcare products; and health and benefits consulting services comprising structuring, funding, and administering employee benefit programs.

Among 28 analysts covering Encana Corporation (NYSE:ECA), 26 have Buy rating, 1 Sell and 1 Hold. Therefore 93% are positive. Encana Corporation had 126 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Encana Corporation (NYSE:ECA) has “Buy” rating given on Wednesday, April 12 by Canaccord Genuity. The stock of Encana Corporation (NYSE:ECA) earned “Hold” rating by Altacorp on Friday, June 9. The firm has “Buy” rating given on Wednesday, June 28 by GMP Securities. On Thursday, October 6 the stock rating was maintained by Deutsche Bank with “Buy”. The rating was maintained by Deutsche Bank with “” on Friday, November 13. The rating was downgraded by UBS to “Neutral” on Tuesday, January 26. The company was upgraded on Wednesday, January 24 by Morgan Stanley. The firm has “Equalweight” rating given on Thursday, July 14 by Barclays Capital. The firm has “Buy” rating by GMP Securities given on Friday, September 29. On Tuesday, December 15 the stock rating was upgraded by Jefferies to “Buy”.

Pcj Investment Counsel Ltd decreased Jp Morgan Chase & Company (NYSE:JPM) stake by 9,730 shares to 25,000 valued at $2.39M in 2017Q3. It also reduced Enbridge Inc. (NYSE:ENB) stake by 84,108 shares and now owns 2.50M shares. Bank Of Montreal (NYSE:BMO) was reduced too.