adidas (FRA:ADS) Given a €198.00 Price Target at Nord/LB

adidas (FRA:ADS) has been given a €198.00 ($244.44) price objective by research analysts at Nord/LB in a research report issued on Friday, January 12th. The brokerage currently has a “neutral” rating on the stock. Nord/LB’s price objective indicates a potential upside of 11.08% from the stock’s previous close.

A number of other equities analysts also recently commented on ADS. Kepler Capital Markets set a €220.00 ($271.60) price objective on adidas and gave the stock a “buy” rating in a research report on Monday, September 25th. Commerzbank set a €226.00 ($279.01) price objective on adidas and gave the stock a “buy” rating in a research report on Wednesday, September 27th. Baader Bank set a €210.00 ($259.26) price target on adidas and gave the company a “buy” rating in a report on Wednesday, September 27th. Warburg Research set a €205.00 ($253.09) price target on adidas and gave the company a “neutral” rating in a report on Wednesday, September 27th. Finally, Macquarie set a €230.00 ($283.95) price target on adidas and gave the company a “buy” rating in a report on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of €206.91 ($255.44).

adidas (FRA ADS) traded down €1.65 ($2.04) during midday trading on Friday, reaching €178.25 ($220.06). The company’s stock had a trading volume of 3,133 shares. adidas has a 52 week low of €143.00 ($176.54) and a 52 week high of €201.01 ($248.16). The firm has a market cap of $37,370.00 and a P/E ratio of 27.05.

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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.

Analyst Recommendations for adidas (FRA:ADS)

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