adidas AG (FRA:ADS) received a €200.00 ($224.72) price objective from investment analysts at Royal Bank of Canada in a research report issued on Thursday. The brokerage presently has a “buy” rating on the stock.

A number of other equities research analysts have also recently weighed in on the company. DZ Bank AG restated a “sell” rating on shares of adidas AG in a research note on Thursday, January 26th. Deutsche Bank AG set a €200.00 ($224.72) price target on adidas AG and gave the company a “buy” rating in a research note on Thursday, April 6th. JPMorgan Chase & Co. set a €145.00 ($162.92) price target on adidas AG and gave the company a “neutral” rating in a research note on Friday, January 27th. Baader Bank set a €160.00 ($179.78) price target on adidas AG and gave the company a “neutral” rating in a research note on Wednesday, March 22nd. Finally, Independent Research GmbH set a €195.00 ($219.10) price target on adidas AG and gave the company a “neutral” rating in a research note on Friday, March 17th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating to the company. adidas AG currently has an average rating of “Hold” and an average price target of €183.55 ($206.23).

Analyst Recommendations for adidas AG (FRA:ADS)

Shares of adidas AG (FRA:ADS) traded up 0.56% during trading on Thursday, reaching €172.09. 128 shares of the company were exchanged. The company has a 50 day moving average price of €178.58 and a 200-day moving average price of €159.21. adidas AG has a one year low of €106.00 and a one year high of €187.81. The stock has a market capitalization of €34.68 billion and a price-to-earnings ratio of 31.26.

TRADEMARK VIOLATION NOTICE: “Royal Bank of Canada Reiterates €200.00 Price Target for adidas AG (ADS)” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this report can be read at https://www.americanbankingnews.com/2017/05/27/royal-bank-of-canada-reiterates-200-00-price-target-for-adidas-ag-ads.html.

About adidas AG

.

12 Month Chart for FRA:ADS

Receive News & Ratings for adidas AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for adidas AG and related companies with MarketBeat.com's FREE daily email newsletter.