Baader Bank Reiterates “€220.00” Price Target for adidas (ADS)

Baader Bank set a €220.00 ($261.90) price target on adidas (FRA:ADS) in a research note released on Thursday morning. The firm currently has a buy rating on the stock.

Several other equities research analysts also recently weighed in on the company. Goldman Sachs Group set a €215.00 ($255.95) price objective on adidas and gave the company a buy rating in a report on Thursday, October 26th. Berenberg Bank set a €200.00 ($238.10) price objective on adidas and gave the company a neutral rating in a report on Friday, October 20th. set a €231.00 ($275.00) price objective on adidas and gave the company a buy rating in a report on Tuesday, November 14th. UBS Group set a €225.00 ($267.86) price objective on adidas and gave the company a buy rating in a report on Wednesday, December 6th. Finally, Deutsche Bank set a €210.00 ($250.00) price objective on adidas and gave the company a neutral rating in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of €206.33 ($245.63).

adidas (FRA ADS) opened at €167.15 ($198.99) on Thursday. adidas has a 52 week low of €143.00 ($170.24) and a 52 week high of €201.01 ($239.30). The stock has a market capitalization of $35,020.00 and a price-to-earnings ratio of 25.44.

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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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