Commerzbank Ag set a €218.00 ($256.47) price target on adidas AG (FRA:ADS) in a report released on Friday. The firm currently has a buy rating on the stock.

A number of other research firms have also recently commented on ADS. Independent Research GmbH set a €195.00 ($229.41) target price on shares of adidas AG and gave the company a neutral rating in a research report on Tuesday, May 2nd. Berenberg Bank set a €175.00 ($205.88) target price on shares of adidas AG and gave the company a neutral rating in a research report on Thursday, April 27th. Macquarie set a €210.00 ($247.06) target price on shares of adidas AG and gave the company a buy rating in a research report on Thursday, April 27th. UBS AG set a €202.00 ($237.65) target price on shares of adidas AG and gave the company a buy rating in a research report on Tuesday, April 25th. Finally, Goldman Sachs Group, Inc. (The) set a €201.00 ($236.47) target price on shares of adidas AG and gave the company a buy rating in a research report on Monday, April 24th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the stock. adidas AG presently has a consensus rating of Hold and an average target price of €190.57 ($224.19).

Shares of adidas AG (FRA:ADS) opened at 193.10 on Friday. The company’s 50-day moving average is €175.66 and its 200-day moving average is €169.94. The company has a market cap of €38.92 billion and a price-to-earnings ratio of 35.08. adidas AG has a one year low of €130.00 and a one year high of €193.55.

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