adidas (ADS) PT Set at €225.00 by UBS
adidas (FRA:ADS) has been given a €225.00 ($267.86) target price by stock analysts at UBS in a research note issued on Wednesday. The firm presently has a “buy” rating on the stock. UBS’s target price would suggest a potential upside of 26.62% from the company’s previous close.
A number of other analysts have also recently commented on the company. set a €231.00 ($275.00) target price on adidas and gave the stock a “buy” rating in a research report on Tuesday, November 14th. Macquarie set a €230.00 ($273.81) target price on adidas and gave the stock a “buy” rating in a research report on Monday, November 13th. S&P Global set a €205.00 ($244.05) target price on adidas and gave the stock a “neutral” rating in a research report on Friday, November 10th. Berenberg Bank set a €200.00 ($238.10) target price on adidas and gave the stock a “neutral” rating in a research report on Friday, November 10th. Finally, DZ Bank reissued a “buy” rating on shares of adidas in a report on Friday, November 10th. One analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of €207.05 ($246.49).
Shares of adidas (ADS) opened at €177.70 ($211.55) on Wednesday. adidas has a 52 week low of €136.70 ($162.74) and a 52 week high of €201.01 ($239.30).
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.
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