Citigroup Inc. set a €197.00 ($229.07) target price on adidas AG (FRA:ADS) in a research note released on Thursday. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also issued reports on the company. Commerzbank Ag set a €226.00 ($262.79) price target on adidas AG and gave the stock a buy rating in a research note on Thursday. equinet AG set a €211.00 ($245.35) price target on adidas AG and gave the stock a buy rating in a research note on Friday, November 3rd. Warburg Research set a €205.00 ($238.37) price target on adidas AG and gave the stock a neutral rating in a research note on Thursday, November 2nd. Barclays PLC set a €200.00 ($232.56) price target on adidas AG and gave the stock a neutral rating in a research note on Thursday, November 2nd. Finally, Independent Research GmbH set a €208.00 ($241.86) price target on adidas AG and gave the stock a neutral rating in a research note on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of €206.62 ($240.25).

Shares of adidas AG (FRA ADS) opened at €182.00 ($211.63) on Thursday. adidas AG has a one year low of €130.00 ($151.16) and a one year high of €201.01 ($233.73).

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About adidas AG

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 AG (FRA:ADS)

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