adidas (FRA:ADS) received a €223.00 ($265.48) target price from equities researchers at Macquarie in a research note issued on Friday. The firm presently has a “buy” rating on the stock. Macquarie’s price objective would indicate a potential upside of 25.92% from the stock’s current price.

ADS has been the subject of several other research reports. DZ Bank reissued a “buy” rating on shares of adidas in a research report on Friday, November 10th. S&P Global set a €205.00 ($244.05) target price on adidas and gave the stock a “neutral” rating in a research report on Friday, November 10th. Independent Research set a €190.00 ($226.19) target price on adidas and gave the stock a “neutral” rating in a research report on Tuesday, January 9th. set a €231.00 ($275.00) target price on adidas and gave the stock a “buy” rating in a research report on Tuesday, November 14th. Finally, JPMorgan Chase & Co. set a €195.00 ($232.14) target price on adidas and gave the stock a “neutral” rating in a research report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of €205.76 ($244.95).

adidas (FRA:ADS) opened at €177.10 ($210.83) on Friday. adidas has a 52-week low of €143.00 ($170.24) and a 52-week high of €201.01 ($239.30). The stock has a market capitalization of $37,050.00 and a P/E ratio of 26.96.

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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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