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Several investment firms have updated their stock ratings and price targets on shares of adidas AG (NASDAQ: ADDYY) in the last week:

  • adidas AG was downgraded by analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating.
  • adidas AG was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating.
  • adidas AG was downgraded by analysts at Deutsche Bank from a “hold” rating to a “sell” rating.
  • adidas AG was downgraded by analysts at Raymond James from an “outperform” rating to a “market perform” rating.
  • adidas AG was downgraded by analysts at Susquehanna from a “positive” rating to a “neutral” rating.
  • adidas AG was downgraded by analysts at Berenberg Bank to a “sell” rating.

adidas AG (NASDAQ:ADDYY) traded down 4.56% during mid-day trading on Thursday, hitting $37.08. 86,805 shares of the company’s stock traded hands. adidas AG has a 52-week low of $38.55 and a 52-week high of $64.24. The stock has a 50-day moving average of $48.26 and a 200-day moving average of $53.14. The company has a market cap of $15.515 billion and a P/E ratio of 17.80.

adidas AG is a Germany-based holding company for the adidas Group, which is engaged in sports footwear, apparel and accessories.

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