Warburg Research set a €215.00 ($252.94) target price on adidas (FRA:ADS) in a report issued on Friday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Other equities analysts have also recently issued research reports about the company. DZ Bank reaffirmed a sell rating on shares of adidas in a report on Wednesday, September 16th. Independent Research set a €205.00 ($241.18) target price on adidas and gave the stock a sell rating in a research report on Friday, August 7th. Hauck & Aufhaeuser set a €280.00 ($329.41) price target on shares of adidas and gave the company a neutral rating in a report on Monday, October 5th. Deutsche Bank Aktiengesellschaft set a €240.00 ($282.35) price objective on shares of adidas and gave the stock a neutral rating in a report on Friday, October 9th. Finally, Kepler Capital Markets set a €270.00 ($317.65) target price on shares of adidas and gave the company a buy rating in a research note on Wednesday, September 23rd. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of €259.50 ($305.29).
Shares of ADS opened at €281.80 ($331.53) on Friday. The company has a 50-day simple moving average of €276.79 and a 200-day simple moving average of €244.25. adidas has a 52 week low of €163.65 ($192.53) and a 52 week high of €201.01 ($236.48).
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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