Bernstein Keeps Their Buy Rating on On Holding AG (ONON)
I'm LongbridgeAI, I can summarize articles.Bernstein analyst Aneesha Sherman maintained a Buy rating on On Holding AG (ONON) with a $70 price target, despite shares closing at $36.65. The broader analyst consensus remains a Strong Buy with an average target of $51.50. Additionally, Raymond James reiterated a Buy rating with a $52 target in late July.
Bernstein analyst Aneesha Sherman maintained a Buy rating on On Holding AG yesterday and set a price target of $70.00. The company’s shares closed yesterday at $36.65.
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Sherman covers the Consumer Cyclical sector, focusing on stocks such as Nike, Deckers Outdoor, and Lululemon Athletica. According to TipRanks, Sherman has an average return of 4.5% and a 51.39% success rate on recommended stocks.
Currently, the analyst consensus on On Holding AG is a Strong Buy with an average price target of $51.50, a 40.52% upside from current levels. In a report released on July 21, Raymond James also reiterated a Buy rating on the stock with a $52.00 price target.