adidas (FRA:ADS) received a €290.00 ($337.21) target price from equities researchers at Kepler Capital Markets in a research report issued on Friday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Kepler Capital Markets’ price objective would suggest a potential downside of 7.38% from the stock’s current price.
ADS has been the subject of a number of other research reports. DZ Bank reiterated a “neutral” rating on shares of adidas in a report on Tuesday, January 7th. BNP Paribas set a €285.00 ($331.40) target price on adidas and gave the stock a “neutral” rating in a report on Friday, October 4th. Warburg Research set a €280.00 ($325.58) target price on adidas and gave the stock a “neutral” rating in a report on Wednesday, January 1st. Royal Bank of Canada set a €300.00 ($348.84) target price on adidas and gave the stock a “buy” rating in a report on Monday. Finally, Jefferies Financial Group set a €292.00 ($339.53) price objective on shares of adidas and gave the stock a “neutral” rating in a research note on Monday, December 2nd. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of €282.75 ($328.78).
ADS stock opened at €313.10 ($364.07) on Friday. The stock has a 50-day moving average price of €289.94 and a two-hundred day moving average price of €278.23. adidas has a 1 year low of €163.65 ($190.29) and a 1 year high of €201.01 ($233.73).
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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