Baader Bank Analysts Give adidas (ADS) a €220.00 Price Target
ADS has been the topic of several other research reports. Macquarie set a €230.00 ($273.81) target price on adidas and gave the company a buy rating in a research report on Monday, November 13th. Kepler Capital Markets set a €215.00 ($255.95) target price on adidas and gave the company a buy rating in a research report on Tuesday, December 19th. Independent Research set a €205.00 ($244.05) target price on adidas and gave the company a neutral rating in a research report on Thursday, November 9th. set a €231.00 ($275.00) target price on adidas and gave the company a buy rating in a research report on Tuesday, November 14th. Finally, JPMorgan Chase & Co. set a €195.00 ($232.14) target price on adidas and gave the company a neutral rating in a research report on Wednesday, October 18th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company’s stock. adidas currently has an average rating of Hold and a consensus price target of €206.33 ($245.63).
Shares of adidas (FRA ADS) opened at €172.15 ($204.94) on Wednesday. The stock has a market capitalization of $35,920.00 and a price-to-earnings ratio of 26.20. adidas has a 52-week low of €143.00 ($170.24) and a 52-week high of €201.01 ($239.30).
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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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