Shares of adidas AG (FRA:ADS) have received a consensus rating of “Buy” from the twenty-seven ratings firms that are covering the company, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is €212.88 ($262.82).
Several research analysts recently issued reports on ADS shares. Macquarie set a €220.00 ($271.60) price target on shares of adidas and gave the stock a “buy” rating in a research report on Thursday, December 28th. Kepler Capital Markets set a €215.00 ($265.43) price target on shares of adidas and gave the stock a “buy” rating in a research report on Tuesday, December 19th. Commerzbank set a €226.00 ($279.01) price target on shares of adidas and gave the stock a “buy” rating in a research report on Monday, January 22nd. Warburg Research set a €205.00 ($253.09) price target on shares of adidas and gave the stock a “neutral” rating in a research report on Friday, December 22nd. Finally, Baader Bank set a €220.00 ($271.60) price target on shares of adidas and gave the stock a “buy” rating in a research report on Tuesday, February 27th.
Shares of FRA ADS opened at €203.70 ($251.48) on Wednesday. adidas has a 12-month low of €163.65 ($202.04) and a 12-month high of €201.01 ($248.16).
TRADEMARK VIOLATION NOTICE: This news story was originally published by Ticker Report and is the sole property of of Ticker Report. If you are reading this news story on another site, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright legislation. The legal version of this news story can be accessed at https://www.tickerreport.com/banking-finance/3338512/adidas-ag-ads-receives-212-88-consensus-price-target-from-analysts.html.
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.
Receive News & Ratings for adidas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for adidas and related companies with MarketBeat.com's FREE daily email newsletter.