Goldman Sachs Group set a €215.00 ($265.43) target price on adidas (FRA:ADS) in a research report sent to investors on Tuesday, January 30th. The brokerage currently has a buy rating on the stock.
A number of other analysts also recently issued reports on the stock. Berenberg Bank set a €200.00 ($246.91) target price on shares of adidas and gave the stock a neutral rating in a research report on Friday, October 20th. UBS Group set a €225.00 ($277.78) target price on shares of adidas and gave the stock a buy rating in a research report on Wednesday, December 6th. Macquarie set a €220.00 ($271.60) price target on adidas and gave the stock a buy rating in a report on Thursday, December 28th. Kepler Capital Markets set a €215.00 ($265.43) price target on adidas and gave the stock a buy rating in a report on Tuesday, December 19th. Finally, set a €231.00 ($285.19) price target on adidas and gave the stock a buy rating in a report on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of €206.91 ($255.44).
adidas (FRA:ADS) traded up €1.20 ($1.48) on Tuesday, reaching €177.00 ($218.52). 883,584 shares of the company were exchanged. The firm has a market cap of $36,770.00 and a P/E ratio of 26.86. adidas has a 12-month low of €146.50 ($180.86) and a 12-month high of €201.01 ($248.16).
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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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