Macquarie Analysts Give adidas (ADS) a €223.00 Price Target
Other equities research analysts have also recently issued research reports about the company. Baader Bank set a €210.00 ($250.00) price target on adidas and gave the company a buy rating in a research note on Wednesday, September 27th. Commerzbank set a €226.00 ($269.05) target price on adidas and gave the stock a buy rating in a report on Wednesday, September 27th. Kepler Capital Markets set a €220.00 ($261.90) target price on adidas and gave the stock a buy rating in a report on Monday, September 25th. Goldman Sachs Group set a €215.00 ($255.95) target price on adidas and gave the stock a buy rating in a report on Thursday, October 26th. Finally, UBS Group set a €220.00 ($261.90) target price on adidas and gave the stock a buy rating in a report on Monday, October 23rd. One analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company. The stock has a consensus rating of Hold and an average price target of €205.76 ($244.95).
Shares of adidas (FRA:ADS) traded down €0.10 ($0.12) during midday trading on Friday, hitting €182.45 ($217.20). The company had a trading volume of 4,169 shares. The company has a market cap of $38,220.00 and a PE ratio of 27.77. adidas has a 1-year low of €143.00 ($170.24) and a 1-year 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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