Analysts Offer Insights on Consumer Cyclical Companies: Gambling.com (GAMB), On Holding AG (ONON) and Mercadolibre (MELI)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Gambling.com (GAMB – Research Report), On Holding AG (ONON – Research Report) and Mercadolibre (MELI – Research Report).

Gambling.com (GAMB)

BTIG analyst Clark Lampen maintained a Buy rating on Gambling.com yesterday and set a price target of $15.00. The company’s shares closed last Friday at $9.75.

According to TipRanks.com, Lampen is a 1-star analyst with an average return of -3.2% and a 51.5% success rate. Lampen covers the NA sector, focusing on stocks such as Genius Sports Limited, Playtika Holding, and PLAYSTUDIOS.

Currently, the analyst consensus on Gambling.com is a Strong Buy with an average price target of $15.50.

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On Holding AG (ONON)

BTIG analyst Janine Stichter maintained a Hold rating on On Holding AG yesterday. The company’s shares closed last Friday at $26.97.

According to TipRanks.com, Stichter is a 3-star analyst with an average return of 2.4% and a 40.5% success rate. Stichter covers the NA sector, focusing on stocks such as Lulu’s Fashion Lounge Holdings, Oxford Industries, and Deckers Outdoor.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for On Holding AG with a $35.60 average price target.

Mercadolibre (MELI)

In a report released yesterday, Marvin Fong from BTIG maintained a Buy rating on Mercadolibre, with a price target of $1885.00. The company’s shares closed last Friday at $1571.54, close to its 52-week high of $1660.00.

According to TipRanks.com, Fong is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.3% and a 38.7% success rate. Fong covers the NA sector, focusing on stocks such as Beyond Inc, Farfetch, and CarGurus.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Mercadolibre with a $1715.50 average price target, representing an 8.5% upside. In a report issued on December 27, Wedbush also maintained a Buy rating on the stock with a $1800.00 price target.

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