adidas (ADS) PT Set at €226.00 by Commerzbank

adidas (FRA:ADS) received a €226.00 ($269.05) price target from equities research analysts at Commerzbank in a research note issued to investors on Monday. The firm presently has a “buy” rating on the stock. Commerzbank’s price objective points to a potential upside of 34.12% from the company’s previous close.

Several other equities research analysts also recently weighed in on ADS. Baader Bank set a €210.00 ($250.00) price target on shares of adidas and gave the company a “buy” rating in a research report on Wednesday, September 27th. Independent Research set a €190.00 ($226.19) price target on shares of adidas and gave the company a “neutral” rating in a research report on Tuesday, January 9th. Nord/LB set a €198.00 ($235.71) price target on shares of adidas and gave the company a “neutral” rating in a research report on Friday, January 12th. Macquarie set a €230.00 ($273.81) price target on shares of adidas and gave the company a “buy” rating in a research report on Thursday, September 28th. Finally, Warburg Research set a €205.00 ($244.05) price target on shares of adidas and gave the company a “neutral” rating in a research report on Wednesday, September 27th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of €205.62 ($244.78).

Shares of adidas (FRA:ADS) opened at €168.50 ($200.60) on Monday. The firm has a market cap of $35,140.00 and a P/E ratio of 25.65. adidas has a 1 year low of €143.00 ($170.24) and a 1 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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