adidas AG (FRA:ADS) PT Set at €215.00 by Royal Bank Of Canada

Royal Bank Of Canada set a €215.00 ($252.94) price objective on adidas AG (FRA:ADS) in a research report sent to investors on Friday. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also recently commented on ADS. Barclays PLC set a €175.00 ($205.88) price target on adidas AG and gave the stock a neutral rating in a research report on Thursday, May 4th. UBS AG set a €202.00 ($237.65) target price on adidas AG and gave the company a buy rating in a research report on Thursday, May 4th. Citigroup Inc. set a €180.00 ($211.76) target price on adidas AG and gave the company a neutral rating in a research report on Thursday, May 4th. Independent Research GmbH set a €195.00 ($229.41) target price on adidas AG and gave the company a neutral rating in a research report on Tuesday, May 2nd. Finally, Berenberg Bank set a €175.00 ($205.88) target price on adidas AG and gave the company a neutral rating in a research report on Thursday, April 27th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the company. adidas AG currently has a consensus rating of Hold and a consensus target price of €194.09 ($228.34).

adidas AG (FRA:ADS) traded up 3.217% during midday trading on Friday, hitting €199.413. 2,618 shares of the stock traded hands. The stock has a market capitalization of €40.19 billion and a PE ratio of 36.224. The firm’s 50 day moving average is €176.10 and its 200-day moving average is €170.26. adidas AG has a 12-month low of €130.00 and a 12-month high of €201.01.

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