adidas AG (FRA:ADS) received a €211.00 ($245.35) price target from equinet AG in a research note issued on Thursday. The firm currently has a “buy” rating on the stock. equinet AG’s target price suggests a potential upside of 16.57% from the stock’s previous close.

Several other research firms have also recently commented on ADS. Citigroup Inc. set a €197.00 ($229.07) price target on shares of adidas AG and gave the stock a “neutral” rating in a report on Thursday. Barclays PLC set a €200.00 ($232.56) price target on shares of adidas AG and gave the stock a “neutral” rating in a report on Thursday. Commerzbank Ag set a €226.00 ($262.79) price target on shares of adidas AG and gave the stock a “buy” rating in a report on Thursday. Independent Research GmbH set a €208.00 ($241.86) price target on shares of adidas AG and gave the stock a “neutral” rating in a report on Monday, July 31st. Finally, Warburg Research set a €185.00 ($215.12) price target on shares of adidas AG and gave the stock a “neutral” rating in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the company. adidas AG currently has an average rating of “Hold” and a consensus price target of €206.62 ($240.25).

Shares of adidas AG (FRA ADS) traded up €5.50 ($6.40) on Thursday, hitting €181.00 ($210.47). 1,351,864 shares of the company’s stock traded hands. 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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