adidas AG (ADS) Receives Consensus Rating of “Hold” from Analysts

Shares of adidas AG (FRA:ADS) have been assigned a consensus rating of “Hold” from the twenty-four brokerages that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation and eleven have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is €195.18 ($229.63).

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A number of research firms have recently weighed in on ADS. Warburg Research set a €205.00 ($241.18) price target on shares of adidas AG and gave the company a “neutral” rating in a report on Tuesday. Deutsche Bank AG set a €210.00 ($247.06) target price on shares of adidas AG and gave the stock a “neutral” rating in a report on Monday. Independent Research GmbH set a €208.00 ($244.71) target price on shares of adidas AG and gave the stock a “neutral” rating in a report on Monday. J P Morgan Chase & Co set a €195.00 ($229.41) target price on shares of adidas AG and gave the stock a “neutral” rating in a report on Friday, August 4th. Finally, Kepler Capital Markets restated a “buy” rating on shares of adidas AG in a report on Friday, August 4th.

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Shares of adidas AG (ADS) traded down 1.745% during mid-day trading on Friday, reaching €190.074. The company had a trading volume of 1,675 shares. The company’s 50-day moving average is €179.55 and its 200 day moving average is €172.20. The stock has a market capitalization of €38.50 billion and a P/E ratio of 39.038. adidas AG has a 52-week low of €130.00 and a 52-week high of €201.01.

About adidas AG