Deutsche Bank set a €230.00 ($267.44) price target on adidas (FRA:ADS) in a report published on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. increased their price target on from GBX 385 ($5.03) to GBX 480 ($6.27) and gave the company an overweight rating in a report on Wednesday, July 3rd. Baader Bank set a €67.00 ($77.91) price target on Hugo Boss and gave the company a buy rating in a report on Thursday, May 23rd. HSBC upgraded ELECTRICITE DE/ADR from a hold rating to a buy rating in a report on Tuesday, July 2nd. Independent Research set a €290.00 ($337.21) price target on adidas and gave the company a neutral rating in a report on Friday, June 28th. Finally, Royal Bank of Canada lowered their price target on Analog Devices from $140.00 to $120.00 and set an outperform rating on the stock in a report on Wednesday, May 22nd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the stock. adidas presently has a consensus rating of Hold and a consensus target price of €245.79 ($285.80).
Shares of ADS stock opened at €276.50 ($321.51) on Wednesday. adidas has a 12 month low of €163.65 ($190.29) and a 12 month high of €201.01 ($233.73). The company’s 50 day moving average is €266.71.
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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