adidas (ADS) PT Set at €223.00 by Macquarie

adidas (FRA:ADS) received a €223.00 ($265.48) target price from investment analysts at Macquarie in a research note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock. Macquarie’s price target would suggest a potential upside of 21.99% from the company’s current price.

ADS has been the subject of a number of other reports. Kepler Capital Markets set a €215.00 ($255.95) price target on adidas and gave the stock a “buy” rating in a report on Tuesday, December 19th. Baader Bank set a €220.00 ($261.90) price target on adidas and gave the stock a “buy” rating in a report on Wednesday, January 3rd. Independent Research set a €205.00 ($244.05) price target on adidas and gave the stock a “neutral” rating in a report on Thursday, November 9th. set a €231.00 ($275.00) price target on adidas and gave the stock a “buy” rating in a report on Tuesday, November 14th. Finally, JPMorgan Chase & Co. set a €195.00 ($232.14) price objective on adidas and gave the company a “neutral” rating in a research report on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of €205.76 ($244.95).

Shares of adidas (FRA ADS) traded up €11.80 ($14.05) during mid-day trading on Friday, hitting €182.80 ($217.62). The stock had a trading volume of 2,755,745 shares. adidas has a one year low of €143.00 ($170.24) and a one year high of €201.01 ($239.30). The firm has a market capitalization of $38,130.00 and a price-to-earnings ratio of 27.82.

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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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