Independent Research set a €230.00 ($267.44) price target on adidas (FRA:ADS) in a report released on Wednesday. The brokerage currently has a neutral rating on the stock.

Other equities research analysts also recently issued research reports about the company. Commerzbank set a €236.00 ($274.42) price objective on adidas and gave the company a buy rating in a report on Thursday, August 9th. Goldman Sachs Group set a €225.00 ($261.63) price objective on adidas and gave the company a buy rating in a report on Thursday, August 9th. Royal Bank of Canada set a €220.00 ($255.81) price objective on adidas and gave the company a buy rating in a report on Thursday, August 9th. UBS Group set a €235.00 ($273.26) price objective on adidas and gave the company a buy rating in a report on Tuesday, August 7th. Finally, Kepler Capital Markets set a €222.00 ($258.14) price target on adidas and gave the company a buy rating in a research note on Tuesday, July 31st. Ten research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The company has an average rating of Buy and an average target price of €224.60 ($261.16).

FRA ADS opened at €203.90 ($237.09) on Wednesday. adidas has a 12 month low of €163.65 ($190.29) and a 12 month high of €201.01 ($233.73).

About adidas

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, Reebok, and adidas Golf brands. The company is also involved in Y-3 label business activities; and the operation of Runtastic, a digital health and fitness space.

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Analyst Recommendations for adidas (FRA:ADS)

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