adidas (FRA:ADS – Get Rating) received a €200.00 ($206.19) price target from stock analysts at The Goldman Sachs Group in a note issued to investors on Thursday, Borsen Zeitung reports. The Goldman Sachs Group’s target price indicates a potential upside of 16.58% from the company’s previous close.
ADS has been the topic of several other research reports. Jefferies Financial Group set a €210.00 ($216.49) target price on adidas in a report on Thursday. Royal Bank of Canada set a €190.00 ($195.88) price target on adidas in a research report on Thursday. UBS Group set a €173.00 ($178.35) price target on adidas in a research report on Thursday. JPMorgan Chase & Co. set a €215.00 ($221.65) price target on adidas in a research report on Thursday. Finally, Berenberg Bank set a €255.00 ($262.89) price target on adidas in a research report on Monday, May 9th.
adidas Trading Down 2.1 %
ADS opened at €171.56 ($176.87) on Thursday. adidas has a 52-week low of €163.65 ($168.71) and a 52-week high of €201.01 ($207.23). The business’s 50-day simple moving average is €171.29 and its 200 day simple moving average is €196.35.
adidas Company Profile
adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and accessories and gear, such as bags and balls under the adidas brand. It sells its products through approximately 2,200 own-retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels.
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