Independent Research set a €190.00 ($226.19) price target on adidas (FRA:ADS) in a research report report published on Tuesday morning. The firm currently has a neutral rating on the stock.

A number of other research firms have also recently commented on ADS. Berenberg Bank set a €200.00 ($238.10) target price on adidas and gave the stock a neutral rating in a research note on Friday, November 10th. Warburg Research set a €205.00 ($244.05) target price on adidas and gave the stock a neutral rating in a research note on Thursday, December 28th. Baader Bank set a €220.00 ($261.90) target price on adidas and gave the stock a buy rating in a research note on Thursday, November 9th. Citigroup set a €197.00 ($234.52) target price on adidas and gave the stock a neutral rating in a research note on Thursday, November 9th. Finally, equinet set a €211.00 ($251.19) price objective on adidas and gave the company a buy rating in a research note on Thursday, November 9th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. adidas has a consensus rating of Hold and a consensus price target of €205.62 ($244.78).

adidas (FRA:ADS) traded down €1.45 ($1.73) during midday trading on Tuesday, hitting €167.70 ($199.64). The stock had a trading volume of 781,315 shares. The company has a market cap of $35,080.00 and a PE ratio of 25.53. adidas has a 12 month low of €143.00 ($170.24) and a 12 month high of €201.01 ($239.30).

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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 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 (FRA:ADS)

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