Warburg Research set a €220.00 ($255.81) price target on adidas (FRA:ADS) in a report issued on Wednesday morning. The brokerage currently has a neutral rating on the stock.

A number of other equities analysts have also commented on ADS. Macquarie set a €240.00 ($279.07) price target on shares of adidas and gave the company a buy rating in a research report on Wednesday, July 11th. Royal Bank of Canada set a €220.00 ($255.81) price target on shares of adidas and gave the company a buy rating in a research report on Friday, July 13th. JPMorgan Chase & Co. set a €200.00 ($232.56) price target on shares of adidas and gave the company a neutral rating in a research report on Wednesday, July 18th. DZ Bank reissued a buy rating on shares of adidas in a research report on Thursday, July 19th. Finally, Credit Suisse Group set a €243.00 ($282.56) price target on shares of adidas and gave the company a buy rating in a research report on Tuesday, July 24th. Ten investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of €224.60 ($261.16).

FRA:ADS opened at €203.90 ($237.09) on Wednesday. adidas has a 12 month low of €163.65 ($190.29) and a 12 month high of €201.01 ($233.73).

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, Reebok, and adidas Golf brands. The company is also involved in Y-3 label business activities; and the operation of Runtastic, a digital health and fitness space.

Further Reading: How is Preferred Stock Different from Common Stock?

Analyst Recommendations for adidas (FRA:ADS)

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