adidas (FRA:ADS) has been assigned a €215.00 ($265.43) target price by analysts at Goldman Sachs Group in a note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s price target would suggest a potential upside of 14.54% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Commerzbank set a €226.00 ($279.01) price objective on shares of adidas and gave the stock a “buy” rating in a research report on Thursday, October 26th. UBS Group set a €220.00 ($271.60) price target on shares of adidas and gave the stock a “buy” rating in a report on Monday, October 23rd. set a €227.00 ($280.25) price target on shares of adidas and gave the stock a “buy” rating in a report on Monday, October 23rd. Royal Bank of Canada set a €215.00 ($265.43) price target on shares of adidas and gave the stock a “buy” rating in a report on Friday, October 20th. Finally, Kepler Capital Markets set a €220.00 ($271.60) price target on shares of adidas and gave the stock a “buy” rating in a report on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the stock. adidas presently has a consensus rating of “Hold” and a consensus target price of €206.91 ($255.44).

Shares of adidas (FRA:ADS) opened at €187.70 ($231.73) on Tuesday. adidas has a 12-month low of €143.00 ($176.54) and a 12-month high of €201.01 ($248.16). The firm has a market cap of $39,310.00 and a price-to-earnings ratio of 28.48.

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adidas 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.

Analyst Recommendations for adidas (FRA:ADS)

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