Analysts Set Adidas (ADS) Target Price at $212.88

Adidas (FRA:ADS) has earned a consensus rating of “Buy” from the twenty-seven analysts that are covering the firm, MarketBeat.com reports. Ten analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is €212.88 ($259.62).

Several equities research analysts recently weighed in on ADS shares. Commerzbank set a €228.00 ($278.05) price target on shares of Adidas and gave the company a “buy” rating in a research report on Friday, March 23rd. UBS set a €225.00 ($274.39) price target on shares of Adidas and gave the company a “buy” rating in a research report on Tuesday, January 23rd. Kepler Capital Markets set a €215.00 ($262.20) price target on shares of Adidas and gave the company a “buy” rating in a research report on Thursday, March 15th. Citigroup set a €220.00 ($268.29) price target on shares of Adidas and gave the company a “buy” rating in a research report on Thursday, March 15th. Finally, DZ Bank reissued a “buy” rating on shares of Adidas in a research report on Wednesday, March 14th.

Shares of FRA ADS traded down €0.40 ($0.49) on Friday, reaching €192.70 ($235.00). 1,563,151 shares of the company’s stock traded hands. Adidas has a 12 month low of €163.65 ($199.57) and a 12 month high of €201.01 ($245.13).

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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