JPMorgan Chase & Co. set a €225.00 ($264.71) price objective on adidas (FRA:ADS) in a report issued on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities analysts have also issued reports on ADS. Warburg Research set a €215.00 ($252.94) target price on adidas and gave the stock a sell rating in a research note on Monday. Deutsche Bank set a €235.00 ($276.47) target price on adidas and gave the stock a neutral rating in a research note on Wednesday, July 8th. Hauck & Aufhaeuser set a €275.00 ($323.53) target price on adidas and gave the stock a buy rating in a research note on Friday, August 7th. Kepler Capital Markets set a €270.00 ($317.65) target price on adidas and gave the stock a buy rating in a research note on Monday, July 20th. Finally, Berenberg Bank set a €290.00 ($341.18) target price on adidas and gave the stock a buy rating in a research note on Friday, August 7th. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of €251.39 ($295.75).
ADS opened at €282.90 ($332.82) on Monday. The stock’s 50-day moving average price is €256.34 and its 200 day moving average price is €231.25. adidas has a 12-month low of €163.65 ($192.53) and a 12-month high of €201.01 ($236.48).
adidas Company Profile
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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