UBS Group restated their buy rating on shares of adidas (FRA:ADS) in a research note published on Monday, www.boersen-zeitung.de reports.
A number of other analysts have also weighed in on the company. Hauck & Aufhaeuser set a €240.00 ($279.07) target price on adidas and gave the stock a buy rating in a report on Thursday, September 27th. Macquarie set a €260.00 ($302.33) target price on adidas and gave the stock a buy rating in a report on Wednesday, September 26th. Warburg Research set a €220.00 ($255.81) target price on adidas and gave the stock a neutral rating in a report on Wednesday, September 26th. Deutsche Bank set a €210.00 ($244.19) target price on adidas and gave the stock a neutral rating in a report on Friday, November 9th. Finally, Kepler Capital Markets set a €222.00 ($258.14) target price on adidas and gave the stock a buy rating in a report on Tuesday, October 30th. Eight analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of €226.32 ($263.16).
Shares of FRA:ADS opened at €207.30 ($241.05) on Monday. adidas has a 52-week low of €163.65 ($190.29) and a 52-week high of €201.01 ($233.73).
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.
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