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Analysts Offer Insights on Financial Companies: LPL Financial (LPLA), PennyMac Mortgage (PMT) and Aon (AON)

Analysts fell to the sidelines weighing in on LPL Financial (LPLAResearch Report), PennyMac Mortgage (PMTResearch Report) and Aon (AONResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

LPL Financial (LPLA)

In a report released yesterday, Craig Siegenthaler from Bank of America Securities maintained a Hold rating on LPL Financial, with a price target of $233.00. The company’s shares closed last Friday at $226.85.

According to TipRanks.com, Siegenthaler is a 5-star analyst with an average return of 10.8% and a 63.0% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Victory Capital Holdings, and Apollo Global Management.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for LPL Financial with a $254.60 average price target, which is a 7.7% upside from current levels. In a report issued on July 13, Morgan Stanley also maintained a Hold rating on the stock with a $238.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

PennyMac Mortgage (PMT)

Bank of America Securities analyst Derek Hewett maintained a Hold rating on PennyMac Mortgage yesterday and set a price target of $12.50. The company’s shares closed last Friday at $12.93.

According to TipRanks.com, Hewett is a 4-star analyst with an average return of 9.8% and a 64.5% success rate. Hewett covers the Financial sector, focusing on stocks such as MidCap Financial Investment Corporation, Sixth Street Specialty Lending, and Bain Capital Specialty Finance.

PennyMac Mortgage has an analyst consensus of Hold, with a price target consensus of $13.50, implying a -5.1% downside from current levels. In a report released yesterday, Piper Sandler also reiterated a Hold rating on the stock with a $14.00 price target.

Aon (AON)

Bank of America Securities analyst Joshua Shanker reiterated a Hold rating on Aon yesterday and set a price target of $380.00. The company’s shares closed last Friday at $319.82.

According to TipRanks.com, Shanker is a 4-star analyst with an average return of 6.3% and a 54.4% success rate. Shanker covers the Financial sector, focusing on stocks such as American International Group, Corebridge Financial, Inc., and Marsh & Mclennan Companies.

The word on The Street in general, suggests a Hold analyst consensus rating for Aon with a $348.20 average price target, a 4.0% upside from current levels. In a report issued on July 14, RBC Capital also maintained a Hold rating on the stock with a $352.00 price target.

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