adidas AG (FRA:ADS) has earned an average recommendation of “Buy” from the twenty-five ratings firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, ten have issued a hold rating and fourteen have issued a buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is €208.96 ($257.97).
A number of equities analysts have commented on ADS shares. Macquarie set a €230.00 ($283.95) target price on shares of adidas and gave the stock a “buy” rating in a report on Monday, November 13th. Kepler Capital Markets set a €215.00 ($265.43) target price on shares of adidas and gave the stock a “buy” rating in a report on Tuesday, December 19th. Baader Bank set a €220.00 ($271.60) target price on shares of adidas and gave the stock a “buy” rating in a report on Wednesday, January 3rd. UBS Group set a €225.00 ($277.78) price objective on shares of adidas and gave the company a “buy” rating in a report on Tuesday, February 20th. Finally, set a €231.00 ($285.19) price objective on shares of adidas and gave the company a “buy” rating in a report on Tuesday, November 14th.
Shares of adidas (FRA:ADS) traded down €1.50 ($1.85) during trading on Friday, reaching €173.70 ($214.44). 920,945 shares of the company’s stock were exchanged. The company has a market capitalization of $36,390.00 and a P/E ratio of 26.36. adidas has a fifty-two week low of €163.65 ($202.04) and a fifty-two week high of €201.01 ($248.16).
adidas 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.
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