adidas (ETR:ADS) Given a €295.00 Price Target by Credit Suisse Group Analysts

adidas (ETR:ADS) has been given a €295.00 ($347.06) target price by equities researchers at Credit Suisse Group in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Credit Suisse Group’s price target points to a potential upside of 1.34% from the stock’s current price.

Several other research firms have also commented on ADS. UBS Group set a €338.00 ($397.65) target price on adidas and gave the company a “buy” rating in a report on Wednesday, February 17th. Jefferies Financial Group set a €270.00 ($317.65) target price on adidas and gave the company a “neutral” rating in a report on Tuesday, November 10th. Royal Bank of Canada set a €310.00 ($364.71) price objective on adidas and gave the stock a “buy” rating in a research report on Tuesday, November 10th. Independent Research set a €255.00 ($300.00) price objective on adidas and gave the stock a “sell” rating in a research report on Wednesday, November 11th. Finally, Baader Bank set a €305.00 ($358.82) price objective on adidas and gave the stock a “buy” rating in a research report on Tuesday, November 10th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of €281.80 ($331.53).

ETR:ADS opened at €291.10 ($342.47) on Tuesday. The firm has a market capitalization of $56.77 billion and a PE ratio of 127.01. The stock has a 50 day moving average of €284.35 and a 200-day moving average of €276.64. adidas has a 52 week low of €162.20 ($190.82) and a 52 week high of €306.70 ($360.82). The company has a current ratio of 1.39, a quick ratio of 0.75 and a debt-to-equity ratio of 106.36.

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, Russia/CIS, Latin America, Emerging Markets, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.

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Analyst Recommendations for adidas (ETR:ADS)

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