adidas (ADS) Given a €240.00 Price Target at Goldman Sachs Group
Several other brokerages also recently commented on ADS. HSBC set a €255.00 ($296.51) target price on shares of adidas and gave the stock a buy rating in a report on Friday, January 25th. Macquarie set a €265.00 ($308.14) target price on shares of adidas and gave the stock a buy rating in a report on Thursday, January 17th. Hauck & Aufhaeuser set a €245.00 ($284.88) target price on shares of adidas and gave the stock a buy rating in a report on Wednesday, December 12th. Credit Suisse Group set a €235.00 ($273.26) price objective on shares of adidas and gave the stock a buy rating in a research note on Thursday, December 13th. Finally, UBS Group set a €210.00 ($244.19) price objective on shares of adidas and gave the stock a neutral rating in a research note on Friday, February 1st. One research analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of Buy and an average target price of €224.60 ($261.16).
Shares of ADS traded down €0.20 ($0.23) during midday trading on Thursday, reaching €211.40 ($245.81). The stock had a trading volume of 791,276 shares. adidas has a one year low of €163.65 ($190.29) and a one year high of €201.01 ($233.73).
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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