Reiterates “€231.00” Price Target for adidas AG (ADS)

set a €231.00 ($268.60) price target on adidas AG (FRA:ADS) in a research note released on Tuesday morning. The brokerage currently has a buy rating on the stock.

Several other brokerages have also weighed in on ADS. equinet AG set a €211.00 ($245.35) price objective on adidas AG and gave the company a buy rating in a report on Friday, November 3rd. Macquarie set a €230.00 ($267.44) price objective on adidas AG and gave the company a buy rating in a report on Monday. S&P Global set a €205.00 ($238.37) price objective on adidas AG and gave the company a neutral rating in a report on Friday, November 10th. Commerzbank Ag set a €226.00 ($262.79) price objective on adidas AG and gave the company a buy rating in a report on Thursday, November 9th. Finally, Citigroup Inc. set a €197.00 ($229.07) price objective on adidas AG and gave the company a neutral rating in a report on Thursday, November 9th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the company. The stock has an average rating of Hold and an average price target of €206.81 ($240.48).

adidas AG (FRA ADS) traded up €1.35 ($1.57) during trading hours on Tuesday, hitting €186.05 ($216.34). The stock had a trading volume of 608,059 shares. adidas AG has a 12 month low of €136.00 ($158.14) and a 12 month high of €201.01 ($233.73).

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About adidas AG

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 AG (FRA:ADS)

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