adidas AG (ADS) Receives €212.88 Consensus Price Target from Analysts

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).

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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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