Brokerages Set adidas AG (ADS) Price Target at $212.88

Shares of adidas AG (FRA:ADS) have earned an average rating of “Buy” from the twenty-seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a hold recommendation and seventeen have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is €212.88 ($262.82).

Several analysts recently commented on ADS shares. Warburg Research set a €205.00 ($253.09) price target on shares of adidas and gave the stock a “neutral” rating in a report on Thursday, December 28th. Commerzbank set a €228.00 ($281.48) price target on shares of adidas and gave the stock a “buy” rating in a report on Friday, March 23rd. UBS set a €225.00 ($277.78) price target on shares of adidas and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Kepler Capital Markets set a €215.00 ($265.43) price target on shares of adidas and gave the stock a “buy” rating in a report on Thursday, March 15th. Finally, Baader Bank set a €220.00 ($271.60) price target on shares of adidas and gave the stock a “buy” rating in a report on Wednesday, January 3rd.

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ADS stock opened at €203.70 ($251.48) on Wednesday. adidas has a 52 week low of €163.65 ($202.04) and a 52 week high of €201.01 ($248.16).

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adidas Company Profile

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and hardware, such as bags and balls under the adidas and Reebok brands. The company is also involved in wholesale, retail, and e-commerce business activities related to the distribution of adidas and Reebok products to retail and end customers.

Analyst Recommendations for adidas (FRA:ADS)

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