adidas AG (FRA:ADS) received a €230.00 ($267.44) target price from investment analysts at Macquarie in a research report issued to clients and investors on Monday. The brokerage currently has a “buy” rating on the stock. Macquarie’s price objective indicates a potential upside of 23.92% from the stock’s previous close.

Several other analysts also recently weighed in on ADS. Warburg Research set a €205.00 ($238.37) price objective on adidas AG and gave the stock a “neutral” rating in a research report on Thursday, November 9th. Kepler Capital Markets set a €220.00 ($255.81) price objective on adidas AG and gave the stock a “buy” rating in a research report on Thursday, November 9th. DZ Bank AG restated a “buy” rating on shares of adidas AG in a research report on Friday, November 10th. Citigroup Inc. set a €197.00 ($229.07) price objective on adidas AG and gave the stock a “neutral” rating in a research report on Thursday, November 9th. Finally, Baader Bank set a €210.00 ($244.19) price objective on adidas AG and gave the stock a “buy” rating in a research report on Wednesday, September 27th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the company. adidas AG presently has a consensus rating of “Hold” and a consensus target price of €206.81 ($240.48).

Shares of adidas AG (FRA:ADS) opened at €185.60 ($215.81) on Monday. adidas AG has a 1 year low of €132.07 ($153.57) and a 1 year high of €201.01 ($233.73).

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adidas AG 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 and Reebok brands. The company is also involved in wholesale, retail, and e-commerce business activities related to the distribution of adidas and Reebok products to retail and end customers.

Analyst Recommendations for adidas AG (FRA:ADS)

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