adidas (FRA:ADS) has been assigned a €170.00 ($209.88) target price by research analysts at Hauck & Aufhaeuser in a research report issued on Monday. The firm presently has a “neutral” rating on the stock. Hauck & Aufhaeuser’s price objective indicates a potential downside of 0.93% from the company’s current price.
Several other research firms have also recently commented on ADS. UBS Group set a €225.00 ($277.78) target price on adidas and gave the stock a “buy” rating in a research report on Wednesday, December 6th. Macquarie set a €220.00 ($271.60) target price on adidas and gave the stock a “buy” rating in a research report on Thursday, December 28th. Kepler Capital Markets set a €215.00 ($265.43) target price on adidas and gave the stock a “buy” rating in a research report on Tuesday, December 19th. Commerzbank set a €226.00 ($279.01) target price on adidas and gave the stock a “buy” rating in a research report on Monday, January 22nd. Finally, set a €231.00 ($285.19) target price on adidas and gave the stock a “buy” rating in a research report on Tuesday, November 14th. Eleven research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of €210.63 ($260.03).
Shares of adidas (FRA ADS) traded down €2.10 ($2.59) during midday trading on Monday, hitting €171.60 ($211.85). The stock had a trading volume of 859,407 shares. The stock has a market capitalization of $35,800.00 and a PE ratio of 26.04. adidas has a one year low of €163.65 ($202.04) and a one year high of €201.01 ($248.16).
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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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