Deutsche Bank set a €230.00 ($267.44) target price on adidas (FRA:ADS) in a research note published on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other analysts have also commented on ADS. Baader Bank set a €67.00 ($77.91) price objective on Hugo Boss and gave the stock a buy rating in a research report on Thursday, May 23rd. UBS Group set a €74.00 ($86.05) price objective on Bayerische Motoren Werke and gave the stock a neutral rating in a research report on Thursday, July 4th. Credit Suisse Group reiterated a hold rating and issued a $32.00 price objective on shares of CRH in a research report on Thursday, April 25th. Bank of America set a $47.00 price objective on Yandex and gave the stock a buy rating in a research report on Tuesday, March 19th. Finally, DZ Bank reiterated a neutral rating on shares of Takkt in a research report on Monday, May 6th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and nine have given a buy rating to the company’s stock. adidas currently has an average rating of Hold and a consensus price target of €245.79 ($285.80).
Shares of ADS stock opened at €276.50 ($321.51) on Wednesday. The stock has a 50-day moving average price of €266.71. adidas has a 12 month low of €163.65 ($190.29) and a 12 month high of €201.01 ($233.73).
adidas Company Profile
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.
Further Reading: Forex
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