JPMorgan Chase & Co. set a €235.00 ($273.26) price target on adidas (FRA:ADS) in a research report report published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other brokerages also recently weighed in on ADS. Macquarie set a €330.00 ($383.72) target price on adidas and gave the stock a buy rating in a research report on Wednesday, October 9th. Hauck & Aufhaeuser set a €320.00 ($372.09) price target on adidas and gave the stock a buy rating in a research note on Thursday, September 26th. UBS Group set a €268.00 ($311.63) price target on adidas and gave the stock a neutral rating in a research note on Thursday, August 8th. Goldman Sachs Group set a €310.00 ($360.47) price target on adidas and gave the stock a buy rating in a research note on Wednesday, September 25th. Finally, DZ Bank reiterated a neutral rating on shares of adidas in a research note on Friday, October 11th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of €268.67 ($312.40).
Shares of FRA ADS opened at €281.35 ($327.15) on Wednesday. adidas has a 1-year low of €163.65 ($190.29) and a 1-year high of €201.01 ($233.73). The business has a 50-day moving average of €275.40 and a 200-day moving average of €262.33.
adidas Company Profile
adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. The company operates in 10 segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.
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