adidas (FRA:ADS) Given a €268.00 Price Target by UBS Group Analysts
UBS Group set a €268.00 ($311.63) target price on adidas (FRA:ADS) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other equities analysts have also recently commented on the company. Goldman Sachs Group set a €310.00 ($360.47) target price on adidas and gave the stock a buy rating in a report on Thursday, October 17th. Deutsche Bank set a €240.00 ($279.07) target price on adidas and gave the stock a neutral rating in a report on Monday, October 14th. Commerzbank set a €300.00 ($348.84) target price on adidas and gave the stock a buy rating in a report on Thursday, August 8th. Macquarie set a €330.00 ($383.72) target price on adidas and gave the stock a buy rating in a report on Wednesday, October 9th. Finally, Royal Bank of Canada set a €300.00 ($348.84) target price on adidas and gave the stock a buy rating in a report on Wednesday. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and six have issued a buy rating to the company’s stock. adidas presently has a consensus rating of Hold and a consensus price target of €274.42 ($319.09).
Shares of adidas stock opened at €272.00 ($316.28) on Wednesday. The stock has a 50 day moving average price of €277.47 and a 200-day moving average price of €267.72. 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. The company operates in 10 segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.
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