On Holding AG Surges to 434th in Daily Rankings with $198 Million Turnover Despite Recent Stock Decline

On March 28, 2025, On Holding AG (ONON) saw a significant increase in trading volume, with a turnover of $198 million, marking a 37.56% rise from the previous day. This surge placed ONON at the 434th position in the daily stock market rankings. However, the stock has been on a downward trend, falling 4.02% over the past four days, accumulating a total decline of 8.63%.

Morgan Stanley analyst Alexandra Straton has maintained a Buy rating on On Holding AG, setting a price target of $66.00. Straton is recognized as a 4-star analyst with a 5.3% average return and a 58.28% success rate, focusing on the Consumer Cyclical sector. The overall analyst consensus for On Holding AG is a Strong Buy, with an average price target of $65.39, suggesting a 42.00% upside from current levels. TD Cowen also reiterated a Buy rating with a $64.00 price target.