HSBC set a €300.00 ($348.84) price objective on adidas (FRA:ADS) in a research report sent to investors on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities analysts have also recently issued reports about the company. DZ Bank restated a neutral rating on shares of adidas in a research report on Friday, October 11th. Macquarie set a €330.00 ($383.72) target price on adidas and gave the stock a buy rating in a research report on Wednesday, October 9th. Credit Suisse Group set a €270.00 ($313.95) target price on adidas and gave the stock a neutral rating in a research report on Tuesday, October 15th. Hauck & Aufhaeuser set a €320.00 ($372.09) target price on adidas and gave the stock a buy rating in a research report on Thursday, September 26th. Finally, JPMorgan Chase & Co. set a €235.00 ($273.26) target price on adidas and gave the stock a neutral rating in a research report on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of €268.67 ($312.40).
adidas stock opened at €281.35 ($327.15) on Friday. adidas has a 52 week low of €163.65 ($190.29) and a 52 week high of €201.01 ($233.73). The business has a 50-day simple moving average of €275.40 and a 200 day simple moving average of €262.33.
adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. The company operates in 10 segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.
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