adidas (FRA:ADS) received a €200.00 ($235.29) target price from research analysts at Barclays in a research note issued on Thursday, November 9th. The brokerage presently has a “neutral” rating on the stock. Barclays’ price target would indicate a potential upside of 11.73% from the company’s previous close.
Several other research firms have also weighed in on ADS. equinet set a €211.00 ($248.24) target price on adidas and gave the company a “buy” rating in a report on Friday, November 3rd. Commerzbank set a €226.00 ($265.88) target price on adidas and gave the company a “buy” rating in a report on Thursday, November 9th. Citigroup set a €197.00 ($231.76) target price on adidas and gave the company a “neutral” rating in a report on Thursday, November 9th. J P Morgan Chase & Co set a €195.00 ($229.41) price objective on adidas and gave the stock a “neutral” rating in a research note on Friday, July 28th. Finally, DZ Bank reiterated a “buy” rating on shares of adidas in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of €206.81 ($243.31).
adidas (ADS) traded down €0.20 ($0.24) on Thursday, reaching €179.00 ($210.59). The company had a trading volume of 511,487 shares. adidas has a 52-week low of €136.70 ($160.82) and a 52-week high of €201.01 ($236.48).
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.
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