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.
WARNING: This report was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this report on another website, it was illegally stolen and reposted in violation of US and international copyright and trademark legislation. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2018/02/05/adidas-ads-given-a-198-00-price-target-by-nordlb-analysts.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.
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.