Credit Suisse Group set a €280.00 ($325.58) target price on adidas (FRA:ADS) in a report published on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other research analysts have also recently weighed in on the company. Goldman Sachs Group upgraded Puxin from a neutral rating to a buy rating and boosted their price target for the stock from $51.00 to $56.00 in a research note on Friday, May 3rd. Baader Bank set a €67.00 ($77.91) price target on Hugo Boss and gave the stock a buy rating in a research note on Thursday, May 23rd. Macquarie set a $89.00 price target on Nike and gave the stock a buy rating in a research note on Friday, June 28th. Warburg Research set a €250.00 ($290.70) price target on adidas and gave the stock a neutral rating in a research note on Friday, May 24th. Finally, DZ Bank restated a neutral rating on shares of Takkt in a research note on Monday, May 6th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of €251.58 ($292.53).
ADS stock opened at €278.95 ($324.36) on Thursday. adidas has a 1-year low of €163.65 ($190.29) and a 1-year high of €201.01 ($233.73). The business has a fifty day simple moving average of €269.38.
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.
Featured Article: How to interpret a stock’s beta number
Receive News & Ratings for adidas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for adidas and related companies with MarketBeat.com's FREE daily email newsletter.