adidas AG (ADS.F) (FRA:ADS) Receives €268.72 Average Price Target from Brokerages

adidas AG (ADS.F) (FRA:ADS) has been given an average rating of “Hold” by the nineteen analysts that are presently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is €268.72 ($316.14).

Several equities analysts have weighed in on ADS shares. JPMorgan Chase & Co. set a €280.00 ($329.41) target price on shares of adidas AG (ADS.F) and gave the company a “neutral” rating in a report on Friday, January 22nd. Independent Research set a €255.00 ($300.00) price target on shares of adidas AG (ADS.F) and gave the stock a “sell” rating in a report on Wednesday, November 11th. Baader Bank set a €305.00 ($358.82) price target on shares of adidas AG (ADS.F) and gave the stock a “buy” rating in a report on Monday, January 25th. The Goldman Sachs Group set a €330.00 ($388.24) price target on shares of adidas AG (ADS.F) and gave the stock a “buy” rating in a report on Thursday, January 7th. Finally, Berenberg Bank set a €310.00 ($364.71) price target on shares of adidas AG (ADS.F) and gave the stock a “buy” rating in a report on Monday, January 25th.

Shares of FRA ADS traded down €4.50 ($5.29) during midday trading on Thursday, hitting €291.10 ($342.47). The company had a trading volume of 410,527 shares. adidas AG has a twelve month low of €163.65 ($192.53) and a twelve month high of €201.01 ($236.48). The business has a 50-day simple moving average of €283.96 and a two-hundred day simple moving average of €277.31.

About adidas AG (ADS.F)

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, Russia/CIS, Latin America, Emerging Markets, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.

Read More: What is a good rate of return for a mutual fund?

Analyst Recommendations for adidas AG (ADS.F) (FRA:ADS)

Receive News & Ratings for adidas AG (ADS.F) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for adidas AG (ADS.F) and related companies with MarketBeat.com's FREE daily email newsletter.