UBS Analysts Give adidas (ADS) a €225.00 Price Target
adidas (FRA:ADS) received a €225.00 ($267.86) price objective from research analysts at UBS in a report released on Wednesday, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the stock. UBS’s target price would suggest a potential upside of 25.52% from the company’s current price.
Several other equities research analysts have also issued reports on ADS. Baader Bank set a €210.00 ($250.00) price target on shares of adidas and gave the company a “buy” rating in a report on Wednesday, September 27th. Warburg Research set a €205.00 ($244.05) target price on shares of adidas and gave the stock a “neutral” rating in a research report on Tuesday, August 8th. Macquarie set a €230.00 ($273.81) target price on shares of adidas and gave the stock a “buy” rating in a research report on Thursday, September 28th. Commerzbank set a €226.00 ($269.05) target price on shares of adidas and gave the stock a “buy” rating in a research report on Wednesday, September 27th. Finally, Berenberg Bank set a €200.00 ($238.10) target price on shares of adidas and gave the stock a “neutral” rating in a research report on Wednesday, September 13th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the stock. adidas currently has an average rating of “Hold” and an average target price of €207.05 ($246.49).
Shares of adidas (ADS) traded up €1.80 ($2.14) during trading on Wednesday, hitting €179.25 ($213.39). 712,983 shares of the company traded hands. adidas has a 12 month low of €136.70 ($162.74) and a 12 month high of €201.01 ($239.30).
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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.
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