adidas (ADS) Given a €205.00 Price Target by Warburg Research Analysts

adidas (FRA:ADS) received a €205.00 ($244.05) price target from investment analysts at Warburg Research in a note issued to investors on Wednesday, January 3rd. The firm currently has a “neutral” rating on the stock. Warburg Research’s price objective indicates a potential upside of 23.20% from the stock’s current price.

Several other analysts also recently weighed in on the company. Goldman Sachs Group set a €215.00 ($255.95) price target on adidas and gave the stock a “buy” rating in a research note on Thursday, October 26th. Berenberg Bank set a €200.00 ($238.10) price target on adidas and gave the stock a “neutral” rating in a research note on Friday, October 20th. UBS Group set a €225.00 ($267.86) price target on adidas and gave the stock a “buy” rating in a research note on Wednesday, December 6th. set a €231.00 ($275.00) price target on adidas and gave the stock a “buy” rating in a research note on Tuesday, November 14th. Finally, Deutsche Bank set a €210.00 ($250.00) price target on adidas and gave the stock a “neutral” rating in a research note on Friday, October 27th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of €205.62 ($244.78).

adidas (FRA ADS) traded down €1.30 ($1.55) during trading hours on Wednesday, hitting €166.40 ($198.10). 817,213 shares of the stock traded hands. The company has a market cap of $34,740.00 and a price-to-earnings ratio of 25.33. adidas has a one year low of €143.00 ($170.24) and a one year high of €201.01 ($239.30).

ILLEGAL ACTIVITY WARNING: This piece was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2018/01/11/adidas-ads-given-a-205-00-price-target-at-warburg-research-2.html.

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)

Receive News & Ratings for adidas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for adidas and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply