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Analysts Offer Insights on Consumer Cyclical Companies: On Holding AG (ONON) and Urban Outfitters (URBN)

Tipranks - Wed Jan 21, 8:32AM CST

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on On Holding AG (ONONResearch Report) and Urban Outfitters (URBNResearch Report) with bullish sentiments.

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On Holding AG (ONON)

In a report released today, Joe Feldman from Telsey Advisory maintained a Buy rating on On Holding AG, with a price target of $65.00. The company’s shares closed last Friday at $45.05.

According to TipRanks.com, Feldman is a 5-star analyst with an average return of 9.0% and a 54.8% success rate. Feldman covers the NA sector, focusing on stocks such as Floor & Decor Holdings, Dick’s Sporting Goods, and Tractor Supply. ;'>

On Holding AG has an analyst consensus of Strong Buy, with a price target consensus of $61.16, implying a 33.2% upside from current levels. In a report released yesterday, Goldman Sachs also upgraded the stock to Buy with a $59.00 price target.

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Urban Outfitters (URBN)

In a report released today, Dana Telsey from Telsey Advisory maintained a Buy rating on Urban Outfitters, with a price target of $98.00. The company’s shares closed last Friday at $69.48.

According to TipRanks.com, Telsey is a 3-star analyst with an average return of 2.2% and a 42.2% success rate. Telsey covers the NA sector, focusing on stocks such as aka Brands Holding Corp, Birkenstock Holding plc, and Brilliant Earth Group. ;'>

Currently, the analyst consensus on Urban Outfitters is a Moderate Buy with an average price target of $87.64, a 23.4% upside from current levels. In a report issued on January 16, Barclays also maintained a Buy rating on the stock with a price target.

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