adidas AG (ADS) Receives Consensus Rating of “Hold” from Analysts
adidas AG (FRA:ADS) has earned a consensus recommendation of “Hold” from the twenty-four ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is €199.91 ($237.99).
A number of equities analysts recently weighed in on ADS shares. Royal Bank Of Canada set a €200.00 ($238.10) price target on adidas AG and gave the stock a “buy” rating in a research note on Thursday, May 25th. Kepler Capital Markets set a €200.00 ($238.10) price objective on adidas AG and gave the stock a “buy” rating in a research report on Monday, May 29th. DZ Bank AG restated a “neutral” rating on shares of adidas AG in a research report on Monday, May 29th. Hauck & Aufhaeuser set a €130.00 ($154.76) price objective on adidas AG and gave the stock a “sell” rating in a research report on Tuesday, August 1st. Finally, J P Morgan Chase & Co set a €185.00 ($220.24) price objective on adidas AG and gave the stock a “neutral” rating in a research report on Thursday, July 20th.
Shares of adidas AG (FRA:ADS) traded up 0.115% on Friday, hitting €198.015. 200 shares of the stock traded hands. The company’s 50 day moving average is €192.08 and its 200 day moving average is €179.67. adidas AG has a one year low of €130.00 and a one year high of €201.01. The stock has a market cap of €40.13 billion and a price-to-earnings ratio of 40.694.
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