There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on On Holding AG (ONON – Research Report) and Brilliance China Automotive Holdings (BCAUF – Research Report) with bullish sentiments.
On Holding AG (ONON)
In a report issued on April 14, Olivia Townsend from J.P. Morgan maintained a Buy rating on On Holding AG, with a price target of $36.00. The company’s shares closed last Monday at $32.21.
According to TipRanks.com, Townsend is ranked #8560 out of 8783 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for On Holding AG with a $36.06 average price target, representing a 9.3% upside. In a report issued on April 1, Barclays also initiated coverage with a Buy rating on the stock with a $38.00 price target.
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Brilliance China Automotive Holdings (BCAUF)
J.P. Morgan analyst Nick Lai maintained a Buy rating on Brilliance China Automotive Holdings yesterday and set a price target of HK$11.00. The company’s shares closed last Wednesday at $0.85, close to its 52-week high of $0.90.
According to TipRanks.com, Lai is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Brilliance China Automotive Holdings with a $1.07 average price target.
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