UBS Group set a €235.00 ($273.26) target price on adidas (FRA:ADS) in a research note released on Wednesday morning, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
ADS has been the topic of several other reports. Berenberg Bank set a €207.00 ($240.70) price objective on adidas and gave the company a neutral rating in a research note on Wednesday, July 25th. HSBC set a €255.00 ($296.51) price objective on adidas and gave the company a buy rating in a research note on Monday, October 15th. JPMorgan Chase & Co. set a €205.00 ($238.37) price objective on adidas and gave the company a neutral rating in a research note on Wednesday. Credit Suisse Group set a €243.00 ($282.56) price objective on adidas and gave the company a buy rating in a research note on Tuesday, July 24th. Finally, Deutsche Bank set a €210.00 ($244.19) price objective on adidas and gave the company a neutral rating in a research note on Monday, August 13th. Nine research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. adidas currently has an average rating of Buy and a consensus price target of €225.42 ($262.11).
Shares of ADS opened at €203.90 ($237.09) on Wednesday. adidas has a 12-month low of €163.65 ($190.29) and a 12-month high of €201.01 ($233.73).
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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