HSBC Holdings plc set a €227.00 ($270.24) target price on adidas AG (FRA:ADS) in a research note issued to investors on Wednesday morning. The firm currently has a buy rating on the stock.

A number of other research firms have also issued reports on ADS. Independent Research GmbH set a €195.00 ($232.14) price target on adidas AG and gave the company a neutral rating in a research report on Saturday, May 20th. Macquarie set a €210.00 ($250.00) price target on adidas AG and gave the company a buy rating in a research report on Saturday, May 20th. J P Morgan Chase & Co set a €175.00 ($208.33) price target on adidas AG and gave the company a neutral rating in a research report on Saturday, May 20th. UBS AG set a €202.00 ($240.48) price target on adidas AG and gave the company a buy rating in a research report on Saturday, May 20th. Finally, DZ Bank AG reaffirmed a neutral rating on shares of adidas AG in a research report on Friday, May 12th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of €199.04 ($236.96).

adidas AG (FRA:ADS) opened at 194.883 on Wednesday. adidas AG has a 52 week low of €130.00 and a 52 week high of €201.01. The stock has a market cap of €39.48 billion and a PE ratio of 40.025. The company’s 50-day moving average is €189.28 and its 200 day moving average is €178.06.

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