Jefferies Financial Group set a €270.00 ($313.95) price objective on adidas (FRA:ADS) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other research firms also recently weighed in on ADS. Goldman Sachs Group set a €350.00 ($406.98) target price on shares of adidas and gave the stock a buy rating in a research report on Friday, January 31st. Independent Research set a €295.00 ($343.02) target price on shares of adidas and gave the stock a neutral rating in a research report on Wednesday, November 6th. 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 Thursday, February 13th. DZ Bank reissued a neutral rating on shares of adidas in a research report on Tuesday, January 7th. Finally, Hauck & Aufhaeuser set a €320.00 ($372.09) target price on shares of adidas and gave the stock a neutral rating in a research report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of €285.05 ($331.45).
adidas stock opened at €282.45 ($328.43) on Wednesday. The firm’s 50 day simple moving average is €297.99 and its 200-day simple moving average is €280.97. adidas has a fifty-two week low of €163.65 ($190.29) and a fifty-two week 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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