adidas (FRA:ADS) has been given a €231.00 ($275.00) target price by equities research analysts at in a research note issued to investors on Tuesday, November 14th. The firm currently has a “buy” rating on the stock. ‘s target price indicates a potential upside of 31.41% from the company’s previous close.
ADS has been the subject of several other research reports. Independent Research set a €205.00 ($244.05) price objective on adidas and gave the stock a “neutral” rating in a research report on Thursday, November 9th. Berenberg Bank set a €200.00 ($238.10) price target on adidas and gave the company a “neutral” rating in a research note on Friday, November 10th. Baader Bank set a €220.00 ($261.90) price target on adidas and gave the company a “buy” rating in a research note on Thursday, November 9th. Citigroup set a €197.00 ($234.52) price target on adidas and gave the company a “neutral” rating in a research note on Thursday, November 9th. Finally, equinet set a €211.00 ($251.19) price target on adidas and gave the company a “buy” rating in a research note on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company. adidas presently has a consensus rating of “Hold” and an average price target of €206.81 ($246.20).
Shares of adidas (ADS) traded up €0.20 ($0.24) during mid-day trading on Tuesday, reaching €175.78 ($209.26). The company’s stock had a trading volume of 3,104 shares. adidas has a one year low of €136.70 ($162.74) and a one year high of €201.01 ($239.30).
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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