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Truist Financial Issues a Hold Rating on On Holding AG (ONON)
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Truist Financial Issues a Hold Rating on On Holding AG (ONON)

Truist Financial analyst Joseph Civello assigned a Hold rating to the stock today. The company’s shares opened today at $35.34.

According to TipRanks, Civello is a 2-star analyst with an average return of 1.5% and a 44.44% success rate. Civello covers the Consumer Cyclical sector, focusing on stocks such as Deckers Outdoor, Dick’s Sporting Goods, and On Holding AG.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for On Holding AG with a $37.12 average 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 5M.

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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.

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