adidas (FRA:ADS) received a €220.00 ($255.81) target price from Baader Bank in a research report issued to clients and investors on Friday. The firm presently has a “neutral” rating on the stock. Baader Bank’s target price would indicate a potential upside of 4.81% from the company’s previous close.
A number of other equities analysts have also recently commented on ADS. DZ Bank reissued a “neutral” rating on shares of adidas in a research note on Wednesday, March 13th. Macquarie set a €265.00 ($308.14) price objective on shares of adidas and gave the stock a “buy” rating in a research note on Thursday, March 14th. Hauck & Aufhaeuser set a €245.00 ($284.88) price objective on shares of adidas and gave the stock a “buy” rating in a research note on Thursday, March 14th. Bank of America set a €225.00 ($261.63) price objective on shares of adidas and gave the stock a “buy” rating in a research note on Tuesday, March 19th. Finally, Warburg Research set a €220.00 ($255.81) price objective on shares of adidas and gave the stock a “neutral” rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eleven have given a buy rating to the stock. adidas presently has a consensus rating of “Buy” and an average target price of €226.16 ($262.97).
Shares of FRA:ADS opened at €209.90 ($244.07) on Friday. 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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