Independent Research GmbH Analysts Give adidas AG (FRA:ADS) a €208.00 Price Target

Independent Research GmbH set a €208.00 ($244.71) price objective on adidas AG (FRA:ADS) in a research note published on Monday, July 31st. The brokerage currently has a neutral rating on the stock.

Several other analysts have also recently issued reports on the stock. J P Morgan Chase & Co set a €195.00 ($229.41) target price on shares of adidas AG and gave the stock a neutral rating in a research note on Friday, July 28th. DZ Bank AG reiterated a buy rating on shares of adidas AG in a research note on Friday, July 28th. Warburg Research set a €185.00 ($217.65) target price on shares of adidas AG and gave the stock a neutral rating in a research note on Friday, July 28th. Baader Bank set a €210.00 ($247.06) target price on shares of adidas AG and gave the stock a buy rating in a research note on Friday, July 28th. Finally, equinet AG set a €192.00 ($225.88) target price on shares of adidas AG and gave the stock a buy rating in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have assigned a buy rating to the stock. adidas AG currently has an average rating of Hold and an average target price of €196.26 ($230.90).

adidas AG (ADS) opened at 189.19 on Monday. adidas AG has a 52 week low of €130.00 and a 52 week high of €201.01. The company has a market capitalization of €38.32 billion and a PE ratio of 38.86. The company has a 50-day moving average of €183.77 and a 200-day moving average of €173.79.

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