There’s a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Global-e Online (GLBE – Research Report), Purple Innovation (PRPL – Research Report) and On Holding AG (ONON – Research Report) with bullish sentiments.
Global-e Online (GLBE)
KeyBanc analyst Justin Patterson maintained a Buy rating on Global-e Online today and set a price target of $40.00. The company’s shares closed last Tuesday at $34.58.
According to TipRanks.com, Patterson is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Global-e Online with a $43.90 average price target, which is a 30.8% upside from current levels. In a report issued on March 5, Jefferies also assigned a Buy rating to the stock with a $45.00 price target.
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Purple Innovation (PRPL)
In a report released today, Bradley Thomas from KeyBanc reiterated a Buy rating on Purple Innovation, with a price target of $5.00. The company’s shares closed last Tuesday at $2.04.
According to TipRanks.com, Thomas is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Purple Innovation with a $2.75 average price target.
On Holding AG (ONON)
KeyBanc analyst Ashley Owens reiterated a Buy rating on On Holding AG today and set a price target of $40.00. The company’s shares closed last Tuesday at $30.64.
According to TipRanks.com, Owens is a 3-star analyst with an average return of
On Holding AG has an analyst consensus of Strong Buy, with a price target consensus of $42.54, a 46.1% upside from current levels. In a report issued on March 6, Telsey Advisory also maintained a Buy rating on the stock with a $37.00 price target.
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Read More on GLBE:
- Global-e Online added to Jefferies Franchise Picks List
- Global-e Online price target lowered to $40 from $50 at Wells Fargo
- GLBE Earnings: Global-e Plunges 15% after Mixed Q4 Print
- Global-E Reports Fourth Quarter and Full Year 2023 Results
- Global-e Online sees 2024 revenue $731M-$771M, consensus $756.02M
