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Analysts Offer Insights on Consumer Cyclical Companies: McDonald’s (MCD) and On Holding AG (ONON)

Tipranks - Sat Mar 28, 6:40AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on McDonald’s (MCD) and On Holding AG (ONON).

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McDonald’s (MCD)

Bernstein analyst Danilo Gargiulo maintained a Hold rating on McDonald’s today and set a price target of $340.00. The company’s shares closed last Thursday at $308.93.

According to TipRanks.com, Gargiulo is a 1-star analyst with an average return of -3.7% and a 44.4% success rate. Gargiulo covers the NA sector, focusing on stocks such as Restaurant Brands International, Darden Restaurants, and CAVA Group, Inc. ;'>

McDonald’s has an analyst consensus of Moderate Buy, with a price target consensus of $349.48, which is a 12.5% upside from current levels. In a report issued on March 23, RBC Capital also maintained a Hold rating on the stock with a $330.00 price target.

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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 Thursday at $32.11, close to its 52-week low of $29.84.

According to TipRanks.com, Sherman is a 3-star analyst with an average return of 2.7% and a 45.4% success rate. Sherman covers the NA sector, focusing on stocks such as Lululemon Athletica, Peloton Interactive, and Burlington Stores. ;'>

On Holding AG has an analyst consensus of Strong Buy, with a price target consensus of $57.53, a 65.2% upside from current levels. In a report issued on March 14, TipRanks – PerPlexity also upgraded the stock to Buy with a $43.00 price target.

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