Adidas (FRA:ADS) PT Set at €210.00 by Warburg Research

Adidas (FRA:ADS) has been assigned a €210.00 ($259.26) price objective by equities researchers at Warburg Research in a research note issued on Wednesday, March 14th. The firm currently has a “buy” rating on the stock. Warburg Research’s price objective indicates a potential upside of 3.09% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. Baader Bank set a €220.00 ($271.60) price objective on shares of Adidas and gave the company a “buy” rating in a report on Wednesday, January 3rd. Macquarie set a €220.00 ($271.60) price objective on shares of Adidas and gave the company a “buy” rating in a report on Wednesday, January 3rd. Kepler Capital Markets set a €215.00 ($265.43) price objective on shares of Adidas and gave the company a “buy” rating in a report on Tuesday, December 19th. UBS set a €225.00 ($277.78) target price on shares of Adidas and gave the company a “buy” rating in a report on Wednesday, December 6th. Finally, set a €231.00 ($285.19) target price on shares of Adidas and gave the company a “buy” rating in a report on Tuesday, November 14th. Ten research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of €212.88 ($262.82).

Shares of ADS traded down €0.50 ($0.62) during mid-day trading on Wednesday, hitting €203.70 ($251.48). 721,588 shares of the company traded hands. Adidas has a 1 year low of €163.65 ($202.04) and a 1 year 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, Reebok, and adidas Golf brands. The company is also involved in Y-3 label business activities; and the operation of Runtastic, a digital health and fitness space.

Analyst Recommendations for Adidas (FRA:ADS)

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