adidas AG (ADS) Given Consensus Recommendation of “Hold” by Brokerages
adidas AG (FRA:ADS) has earned a consensus rating of “Hold” from the twenty-two analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and eleven have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is €205.95 ($242.30).
A number of brokerages have weighed in on ADS. Royal Bank Of Canada set a €200.00 ($235.29) price target on shares of adidas AG and gave the company a “buy” rating in a research note on Thursday, July 20th. Barclays PLC set a €185.00 ($217.65) price target on shares of adidas AG and gave the company a “neutral” rating in a research note on Thursday, August 3rd. Commerzbank Ag set a €218.00 ($256.47) price target on shares of adidas AG and gave the company a “buy” rating in a research note on Thursday, August 3rd. Macquarie set a €230.00 ($270.59) price target on shares of adidas AG and gave the company a “buy” rating in a research note on Monday, August 21st. Finally, J P Morgan Chase & Co set a €195.00 ($229.41) price target on shares of adidas AG and gave the company a “neutral” rating in a research note on Friday, July 28th.
Shares of adidas AG (FRA:ADS) traded down €0.15 ($0.18) on Friday, reaching €187.00 ($220.00). 495,932 shares of the company’s stock were exchanged. adidas AG has a 1 year low of €130.00 ($152.94) and a 1 year high of €201.01 ($236.48).
COPYRIGHT VIOLATION WARNING: This story was published by American Banking News and is the property of of American Banking News. If you are accessing this story on another website, it was copied illegally and republished in violation of US & international copyright law. The original version of this story can be read at https://www.americanbankingnews.com/2017/11/05/adidas-ag-ads-given-consensus-recommendation-of-hold-by-brokerages.html.
About adidas AG
adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and hardware, such as bags and balls under the adidas and Reebok brands. The company is also involved in wholesale, retail, and e-commerce business activities related to the distribution of adidas and Reebok products to retail and end customers.
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.