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Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Under Armour (UAA), On Holding AG (ONON) and Mercadolibre (MELI)

Tipranks - Thu May 14, 7:56AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Under Armour (UAA), On Holding AG (ONON) and Mercadolibre (MELI).

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Under Armour (UAA)

In a report released yesterday, Brooke Roach from Goldman Sachs maintained a Hold rating on Under Armour, with a price target of $6.00. The company’s shares closed last Tuesday at $5.03.

According to TipRanks.com, Roach is a 3-star analyst with an average return of 2.8% and a 52.4% success rate. Roach covers the NA sector, focusing on stocks such as Savers Value Village Inc., Lululemon Athletica, and Burlington Stores. ;'>

Under Armour has an analyst consensus of Hold, with a price target consensus of $6.29, representing a 21.4% upside. In a report released today, Stifel Nicolaus also downgraded the stock to Hold with a $6.00 price target.

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On Holding AG (ONON)

In a report released today, Sam Poser from Williams Trading maintained a Hold rating on On Holding AG, with a price target of $38.00. The company’s shares closed last Tuesday at $33.83, close to its 52-week low of $29.84.

According to TipRanks.com, Poser is a 5-star analyst with an average return of 17.2% and a 51.8% success rate. Poser covers the NA sector, focusing on stocks such as Birkenstock Holding plc, Wolverine World Wide, and Steven Madden. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for On Holding AG with a $52.03 average price target, representing a 62.0% upside. In a report issued on April 28, TipRanks – xAI also reiterated a Hold rating on the stock with a $38.00 price target.

Mercadolibre (MELI)

In a report released yesterday, Irma Sgarz from Goldman Sachs maintained a Buy rating on Mercadolibre, with a price target of $2100.00. The company’s shares closed last Tuesday at $1578.78.

Sgarz has an average return of 33.8% when recommending Mercadolibre. ;'>

According to TipRanks.com, Sgarz is ranked #3326 out of 12246 analysts.

Currently, the analyst consensus on Mercadolibre is a Strong Buy with an average price target of $2255.00, implying a 44.3% upside from current levels. In a report issued on May 8, TipRanks – PerPlexity also upgraded the stock to Buy with a $2188.00 price target.

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