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Analysts Offer Insights on Consumer Cyclical Companies: Oxford Industries (OXM), Tesla (TSLA) and On Holding AG (ONON)

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Oxford Industries (OXMResearch Report), Tesla (TSLAResearch Report) and On Holding AG (ONONResearch Report).

Oxford Industries (OXM)

In a report released today, Dana Telsey from Telsey Advisory maintained a Hold rating on Oxford Industries, with a price target of $110.00. The company’s shares closed last Tuesday at $107.77.

According to TipRanks.com, Telsey is a 2-star analyst with an average return of 0.1% and a 40.2% success rate. Telsey covers the NA sector, focusing on stocks such as The Estée Lauder Companies, Birkenstock Holding plc, and aka Brands Holding Corp.

Currently, the analyst consensus on Oxford Industries is a Hold with an average price target of $103.00.

See the top stocks recommended by analysts >>

Tesla (TSLA)

J.P. Morgan analyst Ryan Brinkman maintained a Sell rating on Tesla today and set a price target of $115.00. The company’s shares closed last Tuesday at $144.68, close to its 52-week low of $138.80.

According to TipRanks.com, Brinkman ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -5.5% and a 49.9% success rate. Brinkman covers the NA sector, focusing on stocks such as Magna International, Rivian Automotive, and GoodYear Tire.

Currently, the analyst consensus on Tesla is a Hold with an average price target of $177.30, implying a 23.7% upside from current levels. In a report issued on April 16, GLJ Research also maintained a Sell rating on the stock with a $22.86 price target.

On Holding AG (ONON)

Telsey Advisory analyst Joe Feldman maintained a Buy rating on On Holding AG today and set a price target of $37.00. The company’s shares closed last Tuesday at $32.56.

According to TipRanks.com, Feldman is a 5-star analyst with an average return of 9.4% and a 57.6% success rate. Feldman covers the NA sector, focusing on stocks such as Floor & Decor Holdings, Dick’s Sporting Goods, and Tractor Supply.

Currently, the analyst consensus on On Holding AG is a Moderate Buy with an average price target of $36.06, representing a 12.3% upside. In a report issued on April 16, William Blair also initiated coverage with a Buy rating on the stock.

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