The best replacement for sx240 is sx260.

The best alternatives to sx240 are rated as following:
★★★★★  sx260
★★★★  tz30
★★★★  tz25
★★★  sx270
★★★  hx20v
★★  sx220
★★  sx230
★★  sx500
★★  hx10v
★★  zs15
★  s9300
★  s9200
★  canon sx260
  sony hx20v
  canon sx230
  sony hx10v

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sx240
sx260
tz30