A number of other research analysts have also recently weighed in on the company. HSBC Holdings plc set a €210.00 ($247.06) price target on adidas AG and gave the company a buy rating in a research report on Wednesday, July 5th. J P Morgan Chase & Co set a €185.00 ($217.65) price target on adidas AG and gave the company a neutral rating in a research report on Thursday, July 20th. Goldman Sachs Group, Inc. (The) set a €204.00 ($240.00) price target on adidas AG and gave the company a buy rating in a research report on Tuesday, July 11th. BNP Paribas set a €225.00 ($264.71) price target on adidas AG and gave the company a buy rating in a research report on Thursday, September 7th. Finally, DZ Bank AG restated a buy rating on shares of adidas AG in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of €205.95 ($242.30).
Shares of adidas AG (ADS) opened at €187.00 ($220.00) on Thursday. adidas AG has a fifty-two week low of €130.00 ($152.94) and a fifty-two week high of €201.01 ($236.48).
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About adidas AG
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 and Reebok brands. The company is also involved in wholesale, retail, and e-commerce business activities related to the distribution of adidas and Reebok products to retail and end customers.
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