Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Lear (LEA) and On Holding AG (ONON)
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Lear (LEA – Research Report) and On Holding AG (ONON – Research Report).
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Lear (LEA)
In a report issued on February 20, Colin Langan from Wells Fargo maintained a Hold rating on Lear, with a price target of $131.00. The company’s shares closed last Monday at $132.86.
According to TipRanks.com, Langan ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Currently, the analyst consensus on Lear is a Moderate Buy with an average price target of $143.78, implying a 6.7% upside from current levels. In a report issued on February 14, TipRanks – Google also downgraded the stock to Hold with a $147.00 price target.
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On Holding AG (ONON)
In a report released today, Joe Feldman from Telsey Advisory maintained a Buy rating on On Holding AG, with a price target of $65.00. The company’s shares closed last Monday at $47.44.
According to TipRanks.com, Feldman is a 4-star analyst with an average return of
Currently, the analyst consensus on On Holding AG is a Strong Buy with an average price target of $62.92, implying a 30.6% upside from current levels. In a report issued on February 12, Bernstein also maintained a Buy rating on the stock with a $70.00 price target.
