ON (NYSE:ONON) PT Raised to $32.00

ON (NYSE:ONONGet Rating) had its target price boosted by UBS Group from $30.00 to $32.00 in a research note issued to investors on Monday, The Fly reports.

ONON has been the subject of several other research reports. Robert W. Baird increased their target price on ON from $28.00 to $31.00 and gave the stock an outperform rating in a research report on Wednesday, August 17th. William Blair cut ON from a buy rating to a hold rating and set a $20.00 price target for the company. in a report on Thursday, November 17th. Credit Suisse Group cut their price target on ON from $34.00 to $28.00 and set an outperform rating for the company in a report on Thursday, November 17th. Stifel Nicolaus raised their price target on ON from $28.00 to $31.00 in a report on Tuesday, August 16th. Finally, Morgan Stanley raised their price objective on ON from $32.00 to $34.00 and gave the company an overweight rating in a research note on Wednesday, August 17th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of Moderate Buy and a consensus target price of $28.17.

ON Trading Up 2.4 %

NYSE:ONON opened at $18.61 on Monday. ON has a 12-month low of $15.44 and a 12-month high of $46.74. The stock has a 50-day moving average price of $17.43 and a 200 day moving average price of $19.11.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ONON. Whittier Trust Co. of Nevada Inc. purchased a new position in ON during the 2nd quarter worth $28,000. HBK Sorce Advisory LLC purchased a new position in ON during the 3rd quarter worth $28,000. Russell Investments Group Ltd. purchased a new position in ON during the 3rd quarter worth $47,000. SeaCrest Wealth Management LLC purchased a new position in shares of ON in the 2nd quarter valued at $106,000. Finally, Whittier Trust Co. purchased a new position in shares of ON in the 2nd quarter valued at $126,000. 17.02% of the stock is currently owned by hedge funds and other institutional investors.

About ON

(Get Rating)

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.

Featured Stories

The Fly logo

Analyst Recommendations for ON (NYSE:ONON)

Receive News & Ratings for ON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ON and related companies with MarketBeat.com's FREE daily email newsletter.