adidas AG (ADS) Given a €160.00 Price Target at Baader Bank
adidas AG (FRA:ADS) has been assigned a €160.00 ($175.82) target price by analysts at Baader Bank in a report issued on Tuesday. The brokerage presently has a a “neutral” rating on the stock.
A number of other analysts have also weighed in on the stock. Goldman Sachs Group Inc. restated a “buy” rating on shares of adidas AG in a research report on Wednesday, July 20th. Deutsche Bank AG set a €155.00 ($170.33) price target on shares of adidas AG and gave the company a “buy” rating in a research note on Friday, July 15th. Commerzbank AG set a €113.00 ($124.18) price target on shares of adidas AG and gave the company a “neutral” rating in a research note on Wednesday, June 29th. BNP Paribas set a €165.00 ($181.32) price target on shares of adidas AG and gave the company a “buy” rating in a research note on Monday, August 8th. Finally, JPMorgan Chase & Co. set a €98.00 ($107.69) price target on shares of adidas AG and gave the company a “neutral” rating in a research note on Friday, July 22nd. Four investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of €139.00 ($152.75).
adidas AG (FRA:ADS) opened at 157.652 on Tuesday. The company has a 50-day moving average of €151.83 and a 200-day moving average of €131.23. adidas AG has a 52 week low of €76.51 and a 52 week high of €158.14. The firm has a market capitalization of €31.56 billion and a price-to-earnings ratio of 35.073.
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About adidas AG
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