adidas (FRA:ADS – Get Rating) has been assigned a €215.00 ($221.65) price objective by investment analysts at JPMorgan Chase & Co. in a report issued on Thursday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 25.32% from the company’s current price.
Several other brokerages have also recently weighed in on ADS. The Goldman Sachs Group set a €220.00 ($226.80) price objective on adidas in a research note on Wednesday, July 27th. HSBC set a €200.00 ($206.19) price objective on adidas in a research note on Tuesday, June 14th. Deutsche Bank Aktiengesellschaft set a €210.00 ($216.49) price objective on adidas in a research note on Wednesday, July 27th. Warburg Research set a €195.00 ($201.03) price target on shares of adidas in a report on Wednesday, July 27th. Finally, Jefferies Financial Group set a €210.00 ($216.49) price target on shares of adidas in a research report on Thursday.
adidas Stock Performance
Shares of FRA:ADS opened at €171.56 ($176.87) on Thursday. The stock’s fifty day simple moving average is €171.29 and its two-hundred day simple moving average is €196.35. adidas has a 1-year low of €163.65 ($168.71) and a 1-year high of €201.01 ($207.23).
adidas Company Profile
adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and accessories and gear, such as bags and balls under the adidas brand. It sells its products through approximately 2,200 own-retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels.
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