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adidas AG (OTCMKTS:ADDYY) was downgraded by equities research analysts at HSBC from a “buy” rating to a “neutral” rating in a research note issued to investors on Thursday, Stock Ratings News reports.

Shares of adidas AG (OTCMKTS:ADDYY) opened at 57.94 on Thursday. adidas AG has a 52-week low of $44.99 and a 52-week high of $64.24. The stock has a 50-day moving average of $59.61 and a 200-day moving average of $57.70. The company has a market cap of $24.244 billion and a P/E ratio of 35.98.

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