Credit Suisse Group Analysts Give adidas (ADS) a €235.00 Price Target

Credit Suisse Group set a €235.00 ($273.26) target price on adidas (FRA:ADS) in a research note released on Thursday morning. The brokerage currently has a buy rating on the stock.

Several other equities research analysts have also recently issued reports on ADS. Hauck & Aufhaeuser set a €245.00 ($284.88) price objective on shares of adidas and gave the stock a buy rating in a research report on Wednesday. Macquarie set a €260.00 ($302.33) price objective on shares of adidas and gave the stock a buy rating in a research report on Monday, October 15th. Goldman Sachs Group set a €240.00 ($279.07) price objective on shares of adidas and gave the stock a buy rating in a research report on Wednesday, November 7th. Berenberg Bank set a €200.00 ($232.56) price objective on shares of adidas and gave the stock a neutral rating in a research report on Thursday, November 8th. Finally, Kepler Capital Markets set a €222.00 ($258.14) price objective on shares of adidas and gave the stock a buy rating in a research report on Thursday, December 6th. Nine analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. adidas currently has a consensus rating of Buy and a consensus target price of €224.87 ($261.48).

adidas stock traded down €4.30 ($5.00) during midday trading on Thursday, hitting €195.70 ($227.56). 394,303 shares of the stock were exchanged. adidas has a fifty-two week low of €163.65 ($190.29) and a fifty-two week 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.

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Analyst Recommendations for adidas (FRA:ADS)

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