DZ Bank Reiterates “Neutral” Rating for adidas (FRA:ADS)

DZ Bank reaffirmed their neutral rating on shares of adidas (FRA:ADS) in a research report report published on Tuesday morning, Borsen Zeitung reports.

ADS has been the subject of several other reports. The Goldman Sachs Group set a €340.00 ($400.00) target price on adidas and gave the stock a buy rating in a report on Wednesday, April 14th. JPMorgan Chase & Co. set a €280.00 ($329.41) target price on adidas and gave the stock a neutral rating in a report on Thursday, April 15th. Bank of America set a €310.00 ($364.71) target price on adidas and gave the stock a neutral rating in a report on Thursday, January 14th. Royal Bank of Canada set a €300.00 ($352.94) price objective on adidas and gave the stock a neutral rating in a research note on Friday, April 16th. Finally, UBS Group set a €361.00 ($424.71) price objective on adidas and gave the stock a buy rating in a research note on Monday, April 12th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company’s stock. adidas has a consensus rating of Hold and an average target price of €293.31 ($345.07).

Shares of ADS stock opened at €269.10 ($316.59) on Tuesday. adidas has a twelve month low of €163.65 ($192.53) and a twelve month high of €201.01 ($236.48). The stock has a fifty day simple moving average of €278.77 and a two-hundred day simple moving average of €281.17.

adidas Company Profile

adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. The company operates through ten segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Russia/CIS, Latin America, Emerging Markets, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.

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Analyst Recommendations for adidas (FRA:ADS)

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