J P Morgan Chase & Co Analysts Give adidas AG (FRA:ADS) a €195.00 Price Target

adidas AG (FRA:ADS) has been given a €195.00 ($226.74) target price by investment analysts at J P Morgan Chase & Co in a research report issued on Wednesday, October 18th. The firm currently has a “neutral” rating on the stock. J P Morgan Chase & Co’s target price indicates a potential upside of 6.56% from the company’s previous close.

Several other equities research analysts also recently commented on ADS. Baader Bank set a €210.00 ($244.19) target price on shares of adidas AG and gave the stock a “buy” rating in a research report on Wednesday, September 27th. Hauck & Aufhaeuser set a €130.00 ($151.16) target price on shares of adidas AG and gave the stock a “sell” rating in a research report on Tuesday, August 1st. Deutsche Bank AG set a €210.00 ($244.19) target price on shares of adidas AG and gave the stock a “neutral” rating in a research report on Monday, August 7th. Independent Research GmbH set a €208.00 ($241.86) price objective on shares of adidas AG and gave the stock a “neutral” rating in a research report on Monday, August 7th. Finally, Commerzbank Ag set a €218.00 ($253.49) price objective on shares of adidas AG and gave the stock a “buy” rating in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of €205.95 ($239.48).

adidas AG (FRA:ADS) traded down €4.00 ($4.65) on Wednesday, reaching €183.00 ($212.79). 1,048,539 shares of the company’s stock traded hands. adidas AG has a 12-month low of €130.00 ($151.16) and a 12-month high of €201.01 ($233.73).

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adidas AG Company Profile

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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