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Analysts Offer Insights on Consumer Cyclical Companies: On Holding AG (ONON), Best Buy Co (BBY) and Sea (SE)

Tipranks - Thu Mar 5, 4:06AM CST

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on On Holding AG (ONONResearch Report), Best Buy Co (BBYResearch Report) and Sea (SEResearch Report).

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On Holding AG (ONON)

In a report released today, Ashley Owens from KeyBanc maintained a Buy rating on On Holding AG. The company’s shares closed last Tuesday at $43.91.

According to TipRanks.com, Owens has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.9% and a 36.9% success rate. Owens covers the NA sector, focusing on stocks such as Wolverine World Wide, G-III Apparel Group, and Oxford Industries. ;'>

On Holding AG has an analyst consensus of Strong Buy, with a price target consensus of $59.38, implying a 44.7% 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.

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Best Buy Co (BBY)

In a report released yesterday, Zachary Fadem from Wells Fargo maintained a Hold rating on Best Buy Co, with a price target of $70.00. The company’s shares closed last Tuesday at $65.95.

According to TipRanks.com, Fadem is a 4-star analyst with an average return of 6.1% and a 58.7% success rate. Fadem covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, National Vision Holdings, and Floor & Decor Holdings. ;'>

Best Buy Co has an analyst consensus of Hold, with a price target consensus of $74.00, representing a 14.5% upside. In a report issued on February 23, TipRanks – Google also downgraded the stock to Hold with a $69.00 price target.

Sea (SE)

Bank of America Securities analyst Sachin Salgaonkar reiterated a Buy rating on Sea today and set a price target of $150.00. The company’s shares closed last Tuesday at $87.82.

Salgaonkar has an average return of 11.1% when recommending Sea. ;'>

According to TipRanks.com, Salgaonkar is ranked #3004 out of 12144 analysts.

Sea has an analyst consensus of Strong Buy, with a price target consensus of $172.93, which is an 115.1% upside from current levels. In a report issued on February 24, Maybank also upgraded the stock to Buy with a $156.00 price target.

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