adidas (ADS) Given a €240.00 Price Target by Cfra Analysts

adidas (FRA:ADS) has been given a €240.00 ($279.07) target price by analysts at Cfra in a research report issued to clients and investors on Thursday. The brokerage presently has a “buy” rating on the stock. Cfra’s price target would indicate a potential upside of 17.70% from the company’s previous close.

Several other research analysts have also recently issued reports on the company. Macquarie set a €265.00 ($308.14) target price on adidas and gave the company a “buy” rating in a research report on Thursday. Berenberg Bank set a €200.00 ($232.56) target price on adidas and gave the company a “neutral” rating in a research report on Thursday. UBS Group set a €235.00 ($273.26) target price on adidas and gave the company a “buy” rating in a research report on Wednesday. Warburg Research set a €220.00 ($255.81) target price on adidas and gave the company a “neutral” rating in a research report on Wednesday. Finally, Royal Bank of Canada set a €235.00 ($273.26) target price on adidas and gave the company a “buy” rating in a research report on Wednesday. Ten analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. adidas presently has an average rating of “Buy” and a consensus price target of €224.60 ($261.16).

Shares of FRA:ADS opened at €203.90 ($237.09) on Thursday. adidas has a 12-month low of €163.65 ($190.29) and a 12-month high of €201.01 ($233.73).

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.

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Analyst Recommendations for adidas (FRA:ADS)

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