UBS Group set a €210.00 ($244.19) price target on adidas (FRA:ADS) in a report released on Wednesday, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts have also recently commented on ADS. Warburg Research set a €220.00 ($255.81) price objective on adidas and gave the company a neutral rating in a research report on Wednesday. JPMorgan Chase & Co. set a €205.00 ($238.37) price objective on adidas and gave the company a neutral rating in a research report on Wednesday. Baader Bank set a €220.00 ($255.81) price objective on adidas and gave the company a buy rating in a research report on Wednesday. DZ Bank reaffirmed a neutral rating on shares of adidas in a research report on Thursday, February 28th. Finally, HSBC set a €255.00 ($296.51) price objective on adidas and gave the company a buy rating in a research report on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the stock. The company currently has an average rating of Buy and an average price target of €222.86 ($259.14).
adidas stock opened at €208.60 ($242.56) on Wednesday. adidas has a one year low of €163.65 ($190.29) and a one year high of €201.01 ($233.73).
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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