HSBC Holdings plc Reiterates €227.00 Price Target for adidas AG (ADS)
adidas AG (FRA:ADS) received a €227.00 ($270.24) price target from research analysts at HSBC Holdings plc in a report issued on Wednesday. The firm presently has a “buy” rating on the stock.
A number of other equities analysts also recently weighed in on the company. Nord/LB set a €198.00 ($235.71) price target on adidas AG and gave the stock a “neutral” rating in a research report on Thursday, June 29th. J P Morgan Chase & Co set a €185.00 ($220.24) price target on adidas AG and gave the company a “neutral” rating in a report on Thursday, July 20th. Commerzbank Ag set a €218.00 ($259.52) price target on adidas AG and gave the company a “buy” rating in a report on Friday, June 16th. Goldman Sachs Group, Inc. (The) set a €204.00 ($242.86) price target on adidas AG and gave the company a “buy” rating in a report on Tuesday, July 11th. Finally, Kepler Capital Markets set a €200.00 ($238.10) price target on adidas AG and gave the company a “buy” rating in a report on Saturday, May 20th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eleven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of €199.04 ($236.96).
adidas AG (FRA:ADS) traded down 0.191% during mid-day trading on Wednesday, hitting €194.883. 532 shares of the company traded hands. adidas AG has a one year low of €130.00 and a one year high of €201.01. The company’s 50-day moving average price is €189.28 and its 200 day moving average price is €178.06. The company has a market capitalization of €39.48 billion and a price-to-earnings ratio of 40.025.
adidas AG Company Profile
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