Macquarie set a €230.00 ($267.44) price objective on adidas AG (FRA:ADS) in a research report report published on Monday morning. The brokerage currently has a buy rating on the stock.

Several other research analysts have also weighed in on ADS. Royal Bank Of Canada set a €200.00 ($232.56) target price on adidas AG and gave the stock a buy rating in a research report on Thursday, July 20th. J P Morgan Chase & Co set a €185.00 ($215.12) target price on adidas AG and gave the stock a neutral rating in a research report on Thursday, July 20th. Deutsche Bank AG set a €200.00 ($232.56) target price on adidas AG and gave the stock a buy rating in a research report on Monday, July 24th. Berenberg Bank set a €180.00 ($209.30) target price on adidas AG and gave the stock a neutral rating in a research report on Tuesday, July 25th. Finally, UBS AG set a €206.00 ($239.53) target price on adidas AG and gave the stock a buy rating in a research report on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of €206.81 ($240.48).

Shares of adidas AG (FRA:ADS) traded up €3.55 ($4.13) on Monday, hitting €187.45 ($217.97). The company had a trading volume of 1,007,133 shares. adidas AG has a twelve month low of €132.07 ($153.57) and a twelve month high of €201.01 ($233.73).

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adidas AG 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 AG (FRA:ADS)

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