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).
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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.
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