J P Morgan Chase & Co set a €195.00 ($229.41) price objective on adidas AG (FRA:ADS) in a report issued on Wednesday morning. The firm currently has a neutral rating on the stock.

Other equities research analysts have also issued reports about the stock. Independent Research GmbH set a €195.00 ($229.41) target price on shares of adidas AG and gave the stock a neutral rating in a report on Friday, July 7th. Goldman Sachs Group Inc set a €225.00 ($264.71) price objective on shares of adidas AG and gave the stock a buy rating in a research report on Friday, August 4th. Deutsche Bank AG set a €200.00 ($235.29) price objective on shares of adidas AG and gave the stock a buy rating in a research report on Monday, July 24th. Warburg Research set a €185.00 ($217.65) price objective on shares of adidas AG and gave the stock a neutral rating in a research report on Friday, July 28th. Finally, S&P Global set a €205.00 ($241.18) price objective on shares of adidas AG and gave the stock a neutral rating in a research report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of €199.91 ($235.19).

adidas AG (ADS) opened at 187.164 on Wednesday. The company has a 50-day moving average price of €192.99 and a 200-day moving average price of €182.83. The firm has a market capitalization of €37.93 billion and a P/E ratio of 38.464. adidas AG has a 1-year low of €130.00 and a 1-year high of €201.01.

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