Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: On Holding AG (ONON) and Li Auto (LI)
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on On Holding AG (ONON) and Li Auto (LI).
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On Holding AG (ONON)
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 last Wednesday at $39.05.
According to TipRanks.com, Sherman is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for On Holding AG with a $58.27 average price target, which is a 47.7% upside from current levels. In a report issued on March 5, TipRanks – PerPlexity also upgraded the stock to Buy with a $49.00 price target.
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Li Auto (LI)
Bernstein analyst Eunice Lee maintained a Hold rating on Li Auto today. The company’s shares closed last Wednesday at $17.05.
According to TipRanks.com, Lee is a 3-star analyst with an average return of
Currently, the analyst consensus on Li Auto is a Hold with an average price target of $18.85, implying a 10.4% upside from current levels. In a report issued on March 17, Goldman Sachs also downgraded the stock to Hold with a $19.00 price target.
Read More on ONON:
Disclaimer & DisclosureReport an Issue
- On Holding AG Delivers Record Results, Tempers Growth
- On Holding price target lowered to $55 from $65 at Truist
- On Holding price target lowered to $51 from $59 at Guggenheim
- On Holding price target lowered to $55 from $63 at BofA
- Buy Rating on ONON Driven by Conservative Guidance, Outperformance, and Attractive Growth-Valuation Profile
