adidas (FRA:ADS) has been given a €205.00 ($244.05) price objective by equities research analysts at Warburg Research in a research note issued on Wednesday. The firm currently has a “neutral” rating on the stock. Warburg Research’s price objective would indicate a potential upside of 20.41% from the company’s current price.

Several other brokerages have also recently weighed in on ADS. equinet set a €211.00 ($251.19) price target on shares of adidas and gave the company a “buy” rating in a research report on Friday, November 3rd. set a €231.00 ($275.00) target price on shares of adidas and gave the company a “buy” rating in a research report on Tuesday, November 14th. Macquarie set a €230.00 ($273.81) target price on shares of adidas and gave the company a “buy” rating in a research report on Monday, November 13th. S&P Global set a €205.00 ($244.05) target price on shares of adidas and gave the company a “neutral” rating in a research report on Friday, November 10th. Finally, Commerzbank set a €226.00 ($269.05) target price on shares of adidas and gave the company a “buy” rating in a research report on Thursday, November 9th. One equities 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 company’s stock. The company has an average rating of “Hold” and a consensus price target of €206.33 ($245.63).

adidas (FRA ADS) opened at €170.25 ($202.68) on Wednesday. The firm has a market cap of $35,590.00 and a PE ratio of 25.91. adidas has a 1 year low of €143.00 ($170.24) and a 1 year high of €201.01 ($239.30).

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About adidas

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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