adidas AG (ADS) Receives Buy Rating from DZ Bank AG
Several other equities research analysts have also recently commented on ADS. Royal Bank of Canada set a €200.00 ($232.56) target price on shares of adidas AG and gave the stock a buy rating in a research report on Thursday, July 20th. Barclays PLC set a €185.00 ($215.12) price target on shares of adidas AG and gave the stock a neutral rating in a research note on Thursday, August 3rd. Commerzbank Ag set a €218.00 ($253.49) price objective on shares of adidas AG and gave the company a buy rating in a research note on Thursday, August 3rd. Macquarie set a €230.00 ($267.44) price objective on shares of adidas AG and gave the company a buy rating in a research note on Monday, August 21st. Finally, J P Morgan Chase & Co set a €195.00 ($226.74) price target on shares of adidas AG and gave the stock a neutral rating in a research note on Friday, July 28th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have given a buy rating to the stock. adidas AG presently has a consensus rating of Hold and an average target price of €206.62 ($240.25).
Shares of adidas AG (FRA:ADS) traded up €5.50 ($6.40) during trading on Friday, hitting €181.00 ($210.47). 1,351,864 shares of the stock were exchanged. adidas AG has a 12 month low of €130.00 ($151.16) and a 12 month high of €201.01 ($233.73).
adidas AG Company Profile
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.
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