The Zhitong Finance App learned that UBS released a research report reaffirming ONON.US (ONON.US)'s “buy” rating, with a target price of 85 US dollars. UBS believes that Onpa's continued focus on innovation, performance, athletes, sports, direct sales models, and maintaining a high-end full-price brand image will drive it to achieve industry-leading sales and profit growth. The bank predicts that Ampang's sales, adjusted EBITDA, and earnings per share will reach 20%, 24%, and 20% compound annual growth rates over the next five years, respectively, and expects the strong growth momentum to continue. Such growth will make Onpa one of the fastest-growing sportswear brands in the world. UBS also believes that this will surprise the market and drive up its price-earnings ratio.

The Zhitong Finance App learned that UBS released a research report reaffirming ONON.US (ONON.US)'s “buy” rating, with a target price of 85 US dollars. UBS believes that Onpa's continued focus on innovation, performance, athletes, sports, direct sales models, and maintaining a high-end full-price brand image will drive it to achieve industry-leading sales and profit growth. The bank predicts that Ampang's sales, adjusted EBITDA, and earnings per share will reach 20%, 24%, and 20% compound annual growth rates over the next five years, respectively, and expects the strong growth momentum to continue. Such growth will make Onpa one of the fastest-growing sportswear brands in the world. UBS also believes that this will surprise the market and drive up its price-earnings ratio.