adidas AG (ADS) Given a €211.00 Price Target at equinet AG

adidas AG (FRA:ADS) has been assigned a €211.00 ($248.24) target price by analysts at equinet AG in a report released on Friday, November 3rd. The brokerage currently has a “buy” rating on the stock. equinet AG’s price target points to a potential upside of 15.24% from the company’s previous close.

Several other equities analysts have also weighed in on the stock. Berenberg Bank set a €200.00 ($235.29) target price on shares of adidas AG and gave the company a “neutral” rating in a report on Friday, October 20th. Goldman Sachs Group, Inc. (The) set a €215.00 ($252.94) target price on shares of adidas AG and gave the company a “buy” rating in a report on Thursday, October 26th. J P Morgan Chase & Co set a €185.00 ($217.65) price target on shares of adidas AG and gave the stock a “neutral” rating in a report on Thursday, July 20th. Deutsche Bank AG set a €210.00 ($247.06) price target on shares of adidas AG and gave the stock a “neutral” rating in a report on Friday, October 27th. Finally, BNP Paribas set a €225.00 ($264.71) price target on shares of adidas AG and gave the stock a “buy” rating in a report on Thursday, September 7th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the company. adidas AG has a consensus rating of “Hold” and a consensus price target of €206.81 ($243.31).

adidas AG (ADS) traded down €4.55 ($5.35) on Friday, reaching €183.10 ($215.41). 557,297 shares of the company’s stock were exchanged. adidas AG has a 12 month low of €136.70 ($160.82) and a 12 month high of €201.01 ($236.48).

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About adidas AG

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and hardware, such as bags and balls under the adidas and Reebok brands. The company is also involved in wholesale, retail, and e-commerce business activities related to the distribution of adidas and Reebok products to retail and end customers.

Analyst Recommendations for adidas AG (FRA:ADS)

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