Barclays set a €200.00 ($246.91) target price on adidas (FRA:ADS) in a research note issued to investors on Thursday, March 15th. The firm currently has a neutral rating on the stock.
A number of other brokerages have also commented on ADS. DZ Bank reiterated a buy rating on shares of adidas in a research report on Wednesday, March 14th. equinet set a €211.00 ($260.49) price target on adidas and gave the company a buy rating in a report on Wednesday, March 14th. Independent Research set a €193.00 ($238.27) price target on adidas and gave the company a neutral rating in a report on Wednesday, March 14th. HSBC set a €231.00 ($285.19) price target on adidas and gave the company a buy rating in a report on Tuesday, January 23rd. Finally, Warburg Research set a €210.00 ($259.26) price target on adidas and gave the company a buy rating in a report on Wednesday, March 14th. Ten investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. adidas has an average rating of Buy and an average price target of €212.88 ($262.82).
FRA ADS traded down €0.50 ($0.62) during trading hours on Thursday, reaching €203.70 ($251.48). The stock had a trading volume of 721,588 shares. adidas has a 52-week low of €163.65 ($202.04) and a 52-week 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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