On Holding AG (NYSE:ONON) Receives $35.25 Average PT from Analysts

Shares of On Holding AG (NYSE:ONON) have earned an average rating of “Buy” from the nine analysts that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $35.78.

Several analysts have recently issued reports on the stock. Morgan Stanley assumed coverage on shares of ON in a research report on Monday. They set an “overweight” rating and a $38.00 price target on the stock. UBS Group initiated coverage on shares of ON in a research note on Monday. They set a “buy” rating and a $40.00 target price on the stock. Credit Suisse Group initiated coverage on shares of ON in a research note on Monday. They set an “outperform” rating and a $38.00 target price on the stock. The Goldman Sachs Group initiated coverage on shares of ON in a research note on Monday. They set a “neutral” rating and a $32.00 target price on the stock. Finally, Williams Capital initiated coverage on shares of ON in a research note on Monday, October 4th. They set a “sell” rating and a $25.00 target price on the stock. They noted that the move was a valuation call.

Shares of ONON opened at $30.70 on Monday. ON has a 1 year low of $28.10 and a 1 year high of $40.80.

A number of institutional investors have recently made changes to their positions in the business. Focused Wealth Management Inc purchased a new position in ON in the third quarter valued at approximately $84,000. Koshinski Asset Management Inc. purchased a new position in ON in the third quarter valued at approximately $45,000. Finally, FNY Investment Advisers LLC purchased a new position in ON in the third quarter valued at approximately $30,000.

About ON

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Analyst Recommendations for ON (NYSE:ONON)

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