Deutsche Bank set a €210.00 ($244.19) target price on adidas (FRA:ADS) in a research report report published on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
ADS has been the topic of several other research reports. UBS Group set a €240.00 ($279.07) target price on shares of adidas and gave the stock a buy rating in a research note on Wednesday, January 2nd. DZ Bank reiterated a neutral rating on shares of adidas in a research note on Thursday, February 28th. Warburg Research set a €220.00 ($255.81) target price on shares of adidas and gave the stock a neutral rating in a research note on Wednesday, March 13th. Hauck & Aufhaeuser set a €245.00 ($284.88) price objective on shares of adidas and gave the company a buy rating in a report on Friday, April 5th. Finally, JPMorgan Chase & Co. set a €205.00 ($238.37) price objective on shares of adidas and gave the company a neutral rating in a report on Tuesday, January 29th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the company’s stock. adidas currently has a consensus rating of Buy and a consensus price target of €226.42 ($263.28).
Shares of FRA ADS opened at €228.30 ($265.47) on Tuesday. adidas has a 52-week low of €163.65 ($190.29) and a 52-week high of €201.01 ($233.73).
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, Reebok, and adidas Golf brands. The company is also involved in Y-3 label business activities; and the operation of Runtastic, a digital health and fitness space.
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