adidas (ADS) Given a €225.00 Price Target by UBS Analysts

UBS set a €225.00 ($267.86) price target on adidas (FRA:ADS) in a report published on Wednesday. The firm currently has a buy rating on the stock.

A number of other research analysts have also recently commented on ADS. Baader Bank set a €210.00 ($250.00) price target on adidas and gave the company a buy rating in a research note on Wednesday, September 27th. Warburg Research set a €205.00 ($244.05) price target on adidas and gave the company a neutral rating in a research note on Tuesday, August 8th. Macquarie set a €230.00 ($273.81) price target on adidas and gave the company a buy rating in a research note on Thursday, September 28th. Commerzbank set a €226.00 ($269.05) price target on adidas and gave the company a buy rating in a research note on Wednesday, September 27th. Finally, Berenberg Bank set a €200.00 ($238.10) price target on adidas and gave the company a neutral rating in a research note on Wednesday, September 13th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have given a buy rating to the stock. The company has an average rating of Hold and a consensus target price of €207.05 ($246.49).

Shares of adidas (FRA:ADS) traded up €1.05 ($1.25) on Wednesday, hitting €180.30 ($214.64). The stock had a trading volume of 348,354 shares. adidas has a one year low of €136.70 ($162.74) and a one year high of €201.01 ($239.30).

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adidas Company Profile

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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