Hauck & Aufhaeuser set a €290.00 ($337.21) target price on adidas (FRA:ADS) in a research note published on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities analysts have also issued reports about the company. Kepler Capital Markets set a €290.00 ($337.21) target price on adidas and gave the stock a neutral rating in a research report on Friday, January 17th. DZ Bank restated a buy rating on shares of adidas in a research report on Tuesday, March 17th. Berenberg Bank set a €315.00 ($366.28) target price on adidas and gave the stock a buy rating in a research report on Thursday, March 5th. Independent Research set a €205.00 ($238.37) target price on adidas and gave the stock a neutral rating in a research report on Thursday, March 12th. Finally, Warburg Research set a €290.00 ($337.21) target price on adidas and gave the stock a neutral rating in a research report on Wednesday, March 11th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of €275.84 ($320.75).
Shares of ADS stock opened at €214.60 ($249.53) on Tuesday. The stock has a 50-day moving average price of €243.64 and a 200 day moving average price of €273.73. adidas has a 12 month low of €163.65 ($190.29) and a 12 month high of €201.01 ($233.73).
adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. The company operates in 10 segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.
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