Hauck & Aufhaeuser Analysts Give adidas (ADS) a €245.00 Price Target
Hauck & Aufhaeuser set a €245.00 ($284.88) target price on adidas (FRA:ADS) in a report issued on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities analysts have also issued research reports about the company. Warburg Research set a €220.00 ($255.81) target price on adidas and gave the stock a neutral rating in a research report on Thursday, March 21st. Goldman Sachs Group set a €245.00 ($284.88) target price on adidas and gave the stock a buy rating in a research report on Tuesday, April 2nd. Kepler Capital Markets set a €222.00 ($258.14) target price on adidas and gave the stock a buy rating in a research report on Friday, April 5th. UBS Group set a €240.00 ($279.07) target price on adidas and gave the stock a buy rating in a research report on Thursday, December 27th. Finally, Royal Bank of Canada set a €235.00 ($273.26) target price on adidas and gave the stock a buy rating in a research report on Monday, February 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of €226.42 ($263.28).
ADS opened at €228.90 ($266.16) on Monday. adidas has a 1 year low of €163.65 ($190.29) and a 1 year high of €201.01 ($233.73).
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, Reebok, and adidas Golf brands. The company is also involved in Y-3 label business activities; and the operation of Runtastic, a digital health and fitness space.
Further Reading: What is a Buy-Side Analyst?
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