Shares of adidas AG (FRA:ADS) have been assigned a consensus recommendation of “Buy” from the twenty research firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is €226.16 ($262.97).

Several analysts have commented on the stock. Morgan Stanley set a €180.00 ($209.30) target price on shares of adidas and gave the stock a “sell” rating in a research report on Thursday, January 24th. UBS Group set a €240.00 ($279.07) target price on shares of adidas and gave the stock a “buy” rating in a research report on Wednesday, January 2nd. Royal Bank of Canada set a €235.00 ($273.26) target price on shares of adidas and gave the stock a “buy” rating in a research report on Monday, February 25th. Warburg Research set a €220.00 ($255.81) target price on shares of adidas and gave the stock a “neutral” rating in a research report on Thursday, December 27th. Finally, Goldman Sachs Group set a €240.00 ($279.07) target price on shares of adidas and gave the stock a “buy” rating in a research report on Friday, February 1st.

Shares of ADS opened at €209.50 ($243.60) on Thursday. adidas has a 52 week low of €163.65 ($190.29) and a 52 week 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.

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Analyst Recommendations for adidas (FRA:ADS)

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