Royal Bank of Canada Analysts Give adidas (FRA:ADS) a €275.00 Price Target
Royal Bank of Canada set a €275.00 ($319.77) price objective on adidas (FRA:ADS) in a research note released on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research analysts have also commented on the company. Deutsche Bank set a $28.00 price objective on Colfax and gave the company a hold rating in a report on Wednesday. Warburg Research set a €250.00 ($290.70) price objective on adidas and gave the company a neutral rating in a report on Friday, May 24th. Independent Research set a €290.00 ($337.21) price objective on adidas and gave the company a neutral rating in a report on Friday, June 28th. Kepler Capital Markets set a €26.00 ($30.23) price objective on Rocket Internet and gave the company a buy rating in a report on Friday, April 5th. Finally, UBS Group set a €74.00 ($86.05) price objective on Bayerische Motoren Werke and gave the company a neutral rating in a report on Thursday, July 4th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company’s stock. adidas has an average rating of Hold and an average target price of €245.79 ($285.80).
ADS opened at €276.50 ($321.51) on Thursday. adidas has a 1-year low of €163.65 ($190.29) and a 1-year high of €201.01 ($233.73). The firm has a fifty day simple moving average of €266.71.
adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. The company operates in 10 segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.
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