ONON has been the topic of a number of other reports. Robert W. Baird boosted their price target on ON from $28.00 to $31.00 and gave the stock an outperform rating in a report on Wednesday, August 17th. OTR Global began coverage on ON in a report on Tuesday, July 26th. They set a positive rating on the stock. Piper Sandler reaffirmed an initiates rating on shares of ON in a report on Tuesday, July 26th. Morgan Stanley upped their price objective on ON from $32.00 to $34.00 and gave the stock an overweight rating in a report on Wednesday, August 17th. Finally, UBS Group upped their price objective on ON from $25.00 to $35.00 and gave the stock a buy rating in a report on Wednesday, August 17th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, ON presently has a consensus rating of Moderate Buy and a consensus target price of $31.08.
ON Trading Up 0.1 %
NYSE ONON opened at $17.74 on Wednesday. The stock’s 50 day moving average is $20.68 and its 200 day moving average is $21.47. ON has a 12 month low of $16.16 and a 12 month high of $55.87. The stock has a market cap of $11.04 billion and a PE ratio of -43.27.
Hedge Funds Weigh In On ON
On Holding AG develops and distributes sports products worldwide. It offers athletic footwear, apparel, and accessories. The company offers its products through independent retailers and distributors, online, and stores. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.
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