adidas (FRA:ADS) Given a €315.00 Price Target at Berenberg Bank

Berenberg Bank set a €315.00 ($366.28) target price on adidas (FRA:ADS) in a research report report published on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also recently commented on ADS. Hauck & Aufhaeuser set a €320.00 ($372.09) target price on shares of adidas and gave the stock a buy rating in a research report on Thursday, September 26th. JPMorgan Chase & Co. set a €235.00 ($273.26) target price on shares of adidas and gave the stock a neutral rating in a research report on Wednesday, November 6th. Baader Bank set a €290.00 ($337.21) target price on shares of adidas and gave the stock a neutral rating in a research report on Wednesday, November 6th. Royal Bank of Canada set a €300.00 ($348.84) price target on shares of adidas and gave the stock a buy rating in a report on Wednesday, November 6th. Finally, Goldman Sachs Group set a €310.00 ($360.47) price target on shares of adidas and gave the stock a buy rating in a report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the company. adidas has a consensus rating of Hold and an average target price of €280.16 ($325.76).

adidas stock opened at €282.75 ($328.78) on Friday. adidas has a 52 week low of €163.65 ($190.29) and a 52 week high of €201.01 ($233.73). The company’s 50 day moving average price is €276.22 and its two-hundred day moving average price is €271.13.

About adidas

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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Analyst Recommendations for adidas (FRA:ADS)

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