Commerzbank Reiterates “€236.00” Price Target for adidas (ADS)

Commerzbank set a €236.00 ($274.42) target price on adidas (FRA:ADS) in a research note released on Wednesday. The firm currently has a buy rating on the stock.

A number of other analysts have also issued reports on ADS. Kepler Capital Markets set a €222.00 ($258.14) price target on adidas and gave the company a buy rating in a report on Friday, August 10th. Royal Bank of Canada set a €220.00 ($255.81) price target on adidas and gave the company a buy rating in a report on Thursday, August 9th. Goldman Sachs Group set a €240.00 ($279.07) price target on adidas and gave the company a buy rating in a report on Wednesday. Baader Bank set a €220.00 ($255.81) price target on adidas and gave the company a buy rating in a report on Thursday, August 9th. Finally, Macquarie set a €240.00 ($279.07) price target on adidas and gave the company a buy rating in a report on Wednesday, July 11th. Ten analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. adidas presently has an average rating of Buy and an average target price of €224.60 ($261.16).

Shares of FRA ADS opened at €203.90 ($237.09) on Wednesday. adidas has a 52-week low of €163.65 ($190.29) and a 52-week 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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