Analysts Set adidas AG (FRA:ADS) Price Target at €286.05

Shares of adidas AG (FRA:ADS) have been given an average rating of “Hold” by the twenty-one brokerages that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, thirteen have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is €285.55 ($332.03).

ADS has been the topic of several research analyst reports. Jefferies Financial Group set a €280.00 ($325.58) price objective on adidas and gave the company a “neutral” rating in a research note on Tuesday, January 28th. DZ Bank reaffirmed a “neutral” rating on shares of adidas in a research note on Tuesday, January 7th. Morgan Stanley set a €230.00 ($267.44) price objective on adidas and gave the company a “sell” rating in a research note on Tuesday, October 22nd. UBS Group set a €268.00 ($311.63) target price on adidas and gave the company a “neutral” rating in a report on Wednesday, November 6th. Finally, Hauck & Aufhaeuser set a €320.00 ($372.09) target price on adidas and gave the company a “neutral” rating in a report on Tuesday, January 28th.

Shares of FRA ADS traded up €0.70 ($0.81) during midday trading on Friday, hitting €288.40 ($335.35). The stock had a trading volume of 422,006 shares. adidas has a 1-year low of €163.65 ($190.29) and a 1-year high of €201.01 ($233.73). The company has a fifty day moving average price of €298.54 and a 200 day moving average price of €280.92.

About adidas

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. The company operates in 10 segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.

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Analyst Recommendations for adidas (FRA:ADS)

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