adidas AG (FRA:ADS) Given a €180.00 Price Target at Berenberg Bank
adidas AG (FRA:ADS) received a €180.00 ($209.30) target price from investment analysts at Berenberg Bank in a report released on Tuesday. The firm presently has a “neutral” rating on the stock.
A number of other research analysts also recently commented on ADS. Deutsche Bank AG set a €200.00 ($232.56) price objective on adidas AG and gave the company a “buy” rating in a report on Wednesday, April 12th. DZ Bank AG restated a “buy” rating on shares of adidas AG in a research note on Monday, April 3rd. Kepler Capital Markets set a €200.00 ($232.56) price target on adidas AG and gave the stock a “buy” rating in a research note on Tuesday, March 28th. Baader Bank set a €210.00 ($244.19) price target on adidas AG and gave the stock a “buy” rating in a research note on Tuesday, March 28th. Finally, Macquarie set a €210.00 ($244.19) price target on adidas AG and gave the stock a “buy” rating in a research note on Friday, April 21st. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of €187.96 ($218.55).
Shares of adidas AG (FRA:ADS) opened at 177.087 on Tuesday. The stock has a market capitalization of €35.69 billion and a price-to-earnings ratio of 32.168. The company has a 50-day moving average of €173.66 and a 200 day moving average of €168.72. adidas AG has a 12-month low of €130.00 and a 12-month high of €187.81.
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