adidas AG (FRA:ADS) Given Consensus Recommendation of “Hold” by Brokerages

Shares of adidas AG (FRA:ADS) have received a consensus recommendation of “Hold” from the sixteen brokerages that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is €299.53 ($352.39).

A number of analysts have commented on the stock. Kepler Capital Markets set a €317.00 ($372.94) price target on shares of adidas and gave the company a “buy” rating in a research report on Friday, March 26th. Credit Suisse Group set a €305.00 ($358.82) price target on shares of adidas and gave the company a “neutral” rating in a research report on Friday, March 12th. JPMorgan Chase & Co. set a €280.00 ($329.41) price objective on shares of adidas and gave the company a “neutral” rating in a report on Thursday, April 15th. Baader Bank set a €305.00 ($358.82) price objective on shares of adidas and gave the company a “buy” rating in a report on Monday, January 25th. Finally, Bank of America set a €310.00 ($364.71) price objective on shares of adidas and gave the company a “neutral” rating in a report on Thursday, January 14th.

Shares of ADS opened at €259.80 ($305.65) on Tuesday. The firm’s fifty day simple moving average is €272.98 and its two-hundred day simple moving average is €280.14. adidas has a 12 month low of €163.65 ($192.53) and a 12 month high of €201.01 ($236.48).

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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