adidas (FRA:ADS) Given a €150.00 Price Target at Baader Bank

adidas (FRA:ADSGet Rating) has been given a €150.00 ($154.64) price target by investment analysts at Baader Bank in a research note issued to investors on Thursday, Borsen Zeitung reports. Baader Bank’s price objective suggests a potential downside of 12.57% from the company’s current price.

ADS has been the subject of a number of other research reports. Warburg Research set a €195.00 ($201.03) price objective on adidas in a research note on Wednesday, July 27th. Berenberg Bank set a €255.00 ($262.89) price objective on adidas in a research note on Monday, May 9th. HSBC set a €200.00 ($206.19) price objective on adidas in a research note on Tuesday, June 14th. The Goldman Sachs Group set a €220.00 ($226.80) target price on adidas in a report on Wednesday, July 27th. Finally, Royal Bank of Canada set a €190.00 ($195.88) target price on adidas in a report on Thursday.

adidas Stock Performance

Shares of FRA ADS opened at €171.56 ($176.87) on Thursday. adidas has a fifty-two week low of €163.65 ($168.71) and a fifty-two week high of €201.01 ($207.23). The business has a 50 day moving average price of €171.29 and a two-hundred day moving average price of €196.35.

About adidas

(Get Rating)

adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and accessories and gear, such as bags and balls under the adidas brand. It sells its products through approximately 2,200 own-retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels.

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