adidas AG (FRA:ADS) has been assigned a €220.00 ($255.81) target price by stock analysts at Baader Bank in a research report issued to clients and investors on Monday, October 30th. The brokerage currently has a “buy” rating on the stock. Baader Bank’s price objective would suggest a potential upside of 17.36% from the stock’s previous close.
A number of other analysts have also recently weighed in on the stock. Macquarie set a €215.00 ($250.00) price target on shares of adidas AG and gave the stock a “buy” rating in a research report on Monday, July 3rd. Deutsche Bank AG set a €200.00 ($232.56) price target on shares of adidas AG and gave the stock a “buy” rating in a research report on Thursday, July 6th. set a €210.00 ($244.19) price objective on shares of adidas AG and gave the stock a “buy” rating in a research note on Wednesday, July 5th. Royal Bank Of Canada set a €200.00 ($232.56) price objective on shares of adidas AG and gave the stock a “buy” rating in a research note on Thursday, July 20th. Finally, Goldman Sachs Group, Inc. (The) set a €204.00 ($237.21) price objective on shares of adidas AG and gave the stock a “buy” rating in a research note on Tuesday, July 11th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have given a buy rating to the company. adidas AG has a consensus rating of “Hold” and an average price target of €206.81 ($240.48).
adidas AG (FRA:ADS) traded up €3.55 ($4.13) on Monday, hitting €187.45 ($217.97). The stock had a trading volume of 1,007,133 shares. adidas AG has a twelve month low of €132.07 ($153.57) and a twelve month high of €201.01 ($233.73).
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About adidas AG
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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