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

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Baader Bank set a €220.00 ($255.81) target price on adidas (FRA:ADS) in a research note released on Tuesday morning. The brokerage currently has a buy rating on the stock.

ADS has been the topic of a number of other research reports. Hauck & Aufhaeuser set a €245.00 ($284.88) price target on adidas and gave the stock a buy rating in a research report on Wednesday, December 12th. UBS Group set a €240.00 ($279.07) price target on adidas and gave the stock a buy rating in a research report on Wednesday, January 2nd. Berenberg Bank set a €200.00 ($232.56) price objective on adidas and gave the stock a neutral rating in a report on Thursday, November 8th. Deutsche Bank set a €210.00 ($244.19) price objective on adidas and gave the stock a neutral rating in a report on Friday, November 9th. Finally, HSBC set a €255.00 ($296.51) price objective on adidas and gave the stock a buy rating in a report on Monday, October 15th. Nine equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. adidas presently has an average rating of Buy and an average price target of €225.09 ($261.73).

Shares of FRA ADS opened at €197.15 ($229.24) on Tuesday. adidas has a twelve month low of €163.65 ($190.29) and a twelve month high of €201.01 ($233.73).

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, Reebok, and adidas Golf brands. The company is also involved in Y-3 label business activities; and the operation of Runtastic, a digital health and fitness space.

Further Reading: How To Calculate Debt-to-Equity Ratio

Analyst Recommendations for adidas (FRA:ADS)

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