JPMorgan Chase & Co. Analysts Give adidas (ADS) a €205.00 Price Target

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JPMorgan Chase & Co. set a €205.00 ($238.37) price objective on adidas (FRA:ADS) in a research report released on Wednesday morning. The firm currently has a neutral rating on the stock.

Several other research analysts have also issued reports on the company. DZ Bank reissued a buy rating on shares of adidas in a research report on Friday, August 10th. HSBC set a €255.00 ($296.51) target price on adidas and gave the stock a buy rating in a research report on Thursday, September 6th. Credit Suisse Group set a €247.00 ($287.21) target price on adidas and gave the stock a buy rating in a research report on Thursday, August 9th. Hauck & Aufhaeuser set a €240.00 ($279.07) target price on adidas and gave the stock a buy rating in a research report on Thursday, September 27th. Finally, Goldman Sachs Group set a €240.00 ($279.07) target price on adidas and gave the stock a buy rating in a research report on Friday, October 19th. Ten equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of €224.60 ($261.16).

FRA ADS opened at €203.90 ($237.09) on Wednesday. adidas has a fifty-two week low of €163.65 ($190.29) and a fifty-two week high of €201.01 ($233.73).

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, Reebok, and adidas Golf brands. The company is also involved in Y-3 label business activities; and the operation of Runtastic, a digital health and fitness space.

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