Aon plc price target lowered to $415 from $430 at Barclays

Barclays lowered the firm’s price target on Aon plc (AON) to $415 from $430 and keeps an Overweight rating on the shares. The firm says the non-life insurance sector is transitioning into a more competitive environment. Softer property and casualty pricing is becoming more evident, which brings downside pressure on estimates, the analyst tells investors in a research note.