Warburg Research set a €205.00 ($244.05) price objective on adidas (FRA:ADS) in a research note released on Friday, December 22nd. The brokerage currently has a neutral rating on the stock.
ADS has been the topic of a number of other reports. DZ Bank reissued a buy rating on shares of adidas in a research report on Friday, November 10th. S&P Global set a €205.00 ($244.05) price objective on shares of adidas and gave the stock a neutral rating in a research report on Friday, November 10th. Commerzbank set a €226.00 ($269.05) price objective on shares of adidas and gave the stock a buy rating in a research report on Monday, August 28th. set a €231.00 ($275.00) price objective on shares of adidas and gave the stock a buy rating in a research report on Tuesday, November 14th. Finally, JPMorgan Chase & Co. set a €195.00 ($232.14) target price on shares of adidas and gave the stock a neutral rating in a research note on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the stock. The stock has an average rating of Hold and an average target price of €205.62 ($244.78).
adidas (FRA ADS) traded up €1.70 ($2.02) during trading on Friday, reaching €168.55 ($200.65). 1,866 shares of the company’s stock were exchanged. The firm has a market cap of $35,170.00 and a price-to-earnings ratio of 25.65. adidas has a 12 month low of €143.00 ($170.24) and a 12 month 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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