Commerzbank set a €226.00 ($279.01) price target on adidas (FRA:ADS) in a research note issued to investors on Wednesday. The brokerage currently has a buy rating on the stock.

Other research analysts also recently issued research reports about the company. Macquarie set a €220.00 ($271.60) target price on adidas and gave the stock a buy rating in a report on Friday, December 22nd. Baader Bank set a €220.00 ($271.60) target price on adidas and gave the stock a buy rating in a report on Friday, December 22nd. Kepler Capital Markets set a €215.00 ($265.43) target price on adidas and gave the stock a buy rating in a report on Tuesday, December 19th. UBS set a €225.00 ($277.78) price target on adidas and gave the stock a buy rating in a report on Wednesday, December 6th. Finally, set a €231.00 ($285.19) price target on adidas and gave the stock a buy rating in a report on Tuesday, November 14th. Ten investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. adidas currently has a consensus rating of Buy and an average target price of €212.12 ($261.87).

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adidas (FRA:ADS) opened at €194.10 ($239.63) on Wednesday. adidas has a 1-year low of €163.65 ($202.04) and a 1-year high of €201.01 ($248.16). The company has a market capitalization of $40,930.00 and a P/E ratio of 29.41.

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About adidas

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and hardware, such as bags and balls under the adidas and Reebok brands. The company is also involved in wholesale, retail, and e-commerce business activities related to the distribution of adidas and Reebok products to retail and end customers.

Analyst Recommendations for adidas (FRA:ADS)

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