adidas (FRA:ADS) has been given a €226.00 ($269.05) price objective by equities research analysts at Commerzbank in a report released on Monday. The firm presently has a “buy” rating on the stock. Commerzbank’s target price would suggest a potential upside of 33.45% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. Baader Bank set a €210.00 ($250.00) target price on shares of adidas and gave the company a “buy” rating in a research report on Wednesday, September 27th. Kepler Capital Markets set a €220.00 ($261.90) target price on shares of adidas and gave the company a “buy” rating in a research report on Monday, September 25th. Macquarie set a €230.00 ($273.81) target price on shares of adidas and gave the company a “buy” rating in a research report on Thursday, September 28th. Goldman Sachs Group set a €215.00 ($255.95) target price on shares of adidas and gave the company a “buy” rating in a research report on Thursday, October 26th. Finally, UBS Group set a €220.00 ($261.90) target price on shares of adidas and gave the company a “buy” rating in a research report on Monday, October 23rd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of €205.62 ($244.78).

Shares of adidas (ADS) traded up €0.70 ($0.83) during trading hours on Monday, reaching €169.25 ($201.49). 621,731 shares of the company were exchanged. The stock has a market cap of $35,430.00 and a PE ratio of 25.76. adidas has a one year low of €143.00 ($170.24) and a one year high of €201.01 ($239.30).

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About adidas

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.

Analyst Recommendations for adidas (FRA:ADS)

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