adidas (FRA:ADS)‘s stock had its “neutral” rating reaffirmed by stock analysts at DZ Bank in a research report issued to clients and investors on Wednesday.

Other equities analysts also recently issued reports about the stock. Baader Bank set a €220.00 ($255.81) price target on shares of adidas and gave the stock a “buy” rating in a research note on Wednesday. Warburg Research set a €220.00 ($255.81) price target on shares of adidas and gave the stock a “neutral” rating in a research note on Wednesday. JPMorgan Chase & Co. set a €205.00 ($238.37) price target on shares of adidas and gave the stock a “neutral” rating in a research note on Wednesday. UBS Group set a €210.00 ($244.19) price target on shares of adidas and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Morgan Stanley set a €180.00 ($209.30) price target on shares of adidas and gave the stock a “sell” rating in a research note on Thursday, January 24th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of €222.86 ($259.14).

Shares of FRA ADS traded down €5.00 ($5.81) during mid-day trading on Wednesday, reaching €204.80 ($238.14). The company had a trading volume of 1,922,522 shares. adidas has a twelve month low of €163.65 ($190.29) and a twelve month high of €201.01 ($233.73).

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, 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.

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Analyst Recommendations for adidas (FRA:ADS)

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