In a report released today, Jim Duffy from Stifel Nicolaus reiterated a Buy rating on On Holding AG (ONON – Research Report), with a price target of $40.00. The company’s shares closed last Friday at $33.27.
Duffy covers the Consumer Cyclical sector, focusing on stocks such as Fox Factory Holding, Crocs, and Clarus. According to TipRanks, Duffy has an average return of 7.9% and a 55.81% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for On Holding AG with a $36.56 average price target, representing a 9.89% upside. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a $35.00 price target.
The company has a one-year high of $37.08 and a one-year low of $23.41. Currently, On Holding AG has an average volume of 4.95M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
On Holding AG (ONON) Company Description:
On Holding AG is a premium performance sports brand rooted in technology, design, and impact. Its shoe, apparel, and accessories products are designed primarily for athletic use, casual, or leisure purposes. It does not manufacture the products or the raw materials and rely instead on third-party suppliers and contract manufacturers.
Read More on ONON:
