Analysts Offer Insights on Consumer Cyclical Companies: Shake Shack (SHAK) and On Holding AG (ONON)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Shake Shack (SHAK – Research Report) and On Holding AG (ONON – Research Report).
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Shake Shack (SHAK)
J.P. Morgan analyst Rahul Krotthapalli maintained a Hold rating on Shake Shack today and set a price target of $95.00. The company’s shares closed last Monday at $89.63.
According to TipRanks.com, Krotthapalli has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shake Shack with a $108.60 average price target, which is a 18.6% upside from current levels. In a report issued on January 12, TD Cowen also maintained a Hold rating on the stock with a $100.00 price target.
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On Holding AG (ONON)
Bernstein analyst Aneesha Sherman maintained a Buy rating on On Holding AG today and set a price target of $70.00. The company’s shares closed last Monday at $46.21.
According to TipRanks.com, Sherman is a 4-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 $61.32 average price target, representing a 33.8% upside. In a report issued on January 19, Goldman Sachs also upgraded the stock to Buy with a $59.00 price target.
