Baader Bank Analysts Give adidas (ADS) a €220.00 Price Target

Baader Bank set a €220.00 ($271.60) price objective on adidas (FRA:ADS) in a research report released on Friday morning. The firm currently has a buy rating on the stock.

Several other brokerages also recently issued reports on ADS. Berenberg Bank set a €206.00 ($254.32) price objective on adidas and gave the company a neutral rating in a research report on Thursday, March 22nd. Commerzbank set a €228.00 ($281.48) price objective on adidas and gave the company a buy rating in a research report on Friday. Cfra set a €220.00 ($271.60) price objective on adidas and gave the company a buy rating in a research report on Thursday, March 15th. Kepler Capital Markets set a €215.00 ($265.43) price objective on adidas and gave the company a buy rating in a research report on Thursday, March 15th. Finally, Citigroup set a €220.00 ($271.60) price objective on adidas and gave the company a buy rating in a research report on Thursday, March 15th. Ten research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. adidas has an average rating of Buy and a consensus price target of €212.88 ($262.82).

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Shares of adidas (FRA:ADS) opened at €193.00 ($238.27) on Friday. adidas has a 12-month low of €163.65 ($202.04) and a 12-month high of €201.01 ($248.16). The stock has a market capitalization of $40,930.00 and a price-to-earnings ratio of 29.24.

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About adidas

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 (FRA:ADS)

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