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Analysts Offer Insights on Consumer Cyclical Companies: Ross Stores (ROST), On Holding AG (ONON) and AutoZone (AZO)

Tipranks - Thu Mar 5, 6:46AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Ross Stores (ROSTResearch Report), On Holding AG (ONONResearch Report) and AutoZone (AZOResearch Report) with bullish sentiments.

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Ross Stores (ROST)

Goldman Sachs analyst Brooke Roach maintained a Buy rating on Ross Stores today and set a price target of $244.00. The company’s shares closed last Tuesday at $197.64.

According to TipRanks.com, Roach is a 4-star analyst with an average return of 4.8% and a 55.6% success rate. Roach covers the NA sector, focusing on stocks such as Canada Goose Holdings, Lululemon Athletica, and Victoria’s Secret. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ross Stores with a $225.42 average price target, which is a 13.4% upside from current levels. In a report issued on February 17, TipRanks – PerPlexity also upgraded the stock to Buy with a $224.00 price target.

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On Holding AG (ONON)

Guggenheim analyst Simeon Siegel reiterated a Buy rating on On Holding AG yesterday and set a price target of $51.00. The company’s shares closed last Tuesday at $43.91.

According to TipRanks.com, Siegel is a 4-star analyst with an average return of 3.8% and a 51.3% success rate. Siegel covers the NA sector, focusing on stocks such as National Vision Holdings, Birkenstock Holding plc, and Lululemon Athletica. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for On Holding AG with a $58.29 average price target, which is a 42.0% upside from current levels. In a report issued on February 19, UBS also maintained a Buy rating on the stock with a $85.00 price target.

AutoZone (AZO)

BMO Capital analyst Tristan M. Thomas-Martin reiterated a Buy rating on AutoZone today and set a price target of $4300.00. The company’s shares closed last Tuesday at $3637.17.

According to TipRanks.com, Thomas-Martin is a 2-star analyst with an average return of 1.3% and a 47.0% success rate. Thomas-Martin covers the NA sector, focusing on stocks such as Camping World Holdings, Winnebago Industries, and Boyd Group Services. ;'>

Currently, the analyst consensus on AutoZone is a Strong Buy with an average price target of $4210.07, a 15.3% upside from current levels. In a report issued on February 17, TipRanks – PerPlexity also upgraded the stock to Buy with a $4283.00 price target.

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