Goldman Sachs Group set a €240.00 ($279.07) price objective on adidas (FRA:ADS) in a research report report published on Thursday morning. The firm currently has a buy rating on the stock.
Other analysts also recently issued reports about the company. Baader Bank set a €220.00 ($255.81) target price on adidas and gave the company a buy rating in a research note on Friday, December 21st. UBS Group set a €240.00 ($279.07) target price on adidas and gave the company a buy rating in a research note on Friday, December 21st. Credit Suisse Group set a €235.00 ($273.26) target price on adidas and gave the company a buy rating in a research note on Thursday, December 13th. Hauck & Aufhaeuser set a €245.00 ($284.88) price target on adidas and gave the company a buy rating in a report on Wednesday, December 12th. Finally, Kepler Capital Markets set a €222.00 ($258.14) price target on adidas and gave the company a buy rating in a report on Thursday, December 6th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. adidas presently has an average rating of Buy and a consensus price target of €226.22 ($263.05).
Shares of ADS opened at €212.40 ($246.98) on Thursday. 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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