Berenberg Bank set a €200.00 ($238.10) price target on adidas AG (FRA:ADS) in a research report sent to investors on Wednesday morning. The firm currently has a neutral rating on the stock.

A number of other research analysts have also weighed in on the company. BNP Paribas set a €225.00 ($267.86) price target on adidas AG and gave the stock a buy rating in a research note on Thursday, September 7th. Royal Bank Of Canada set a €215.00 ($255.95) price target on adidas AG and gave the stock a buy rating in a research note on Thursday, September 7th. equinet AG set a €211.00 ($251.19) price target on adidas AG and gave the stock a buy rating in a research note on Wednesday, September 6th. HSBC Holdings plc set a €227.00 ($270.24) price target on adidas AG and gave the stock a buy rating in a research note on Wednesday, September 6th. Finally, Commerzbank Ag set a €226.00 ($269.05) price target on adidas AG and gave the stock a buy rating in a research note on Monday, August 28th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eleven have issued a buy rating to the stock. adidas AG has a consensus rating of Hold and an average target price of €199.91 ($237.99).

Shares of adidas AG (FRA ADS) opened at 198.015 on Wednesday. The firm has a 50-day moving average price of €192.08 and a 200-day moving average price of €179.67. The stock has a market cap of €40.13 billion and a P/E ratio of 40.694. adidas AG has a 52-week low of €130.00 and a 52-week high of €201.01.

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