adidas AG (ADS) Receives Average Recommendation of “Hold” from Analysts

adidas AG (FRA:ADS) has earned an average rating of “Hold” from the twenty-two ratings firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is €205.76 ($244.95).

ADS has been the topic of a number of analyst reports. Kepler Capital Markets set a €220.00 ($261.90) price target on adidas and gave the company a “buy” rating in a report on Monday, September 25th. Commerzbank set a €226.00 ($269.05) price target on adidas and gave the company a “buy” rating in a report on Wednesday, September 27th. Baader Bank set a €210.00 ($250.00) price target on adidas and gave the company a “buy” rating in a report on Wednesday, September 27th. Warburg Research set a €205.00 ($244.05) price target on adidas and gave the company a “neutral” rating in a report on Wednesday, September 27th. Finally, Macquarie set a €230.00 ($273.81) price target on adidas and gave the company a “buy” rating in a report on Thursday, September 28th.

adidas (FRA ADS) traded up €11.80 ($14.05) on Friday, reaching €182.80 ($217.62). The company’s stock had a trading volume of 2,755,745 shares. The stock has a market cap of $37,050.00 and a P/E ratio of 27.82. 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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adidas Company Profile

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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