adidas (ADS) Given a €235.00 Price Target by Credit Suisse Group Analysts
Other research analysts have also recently issued research reports about the stock. Macquarie set a €260.00 ($302.33) price target on shares of adidas and gave the stock a buy rating in a research note on Wednesday, September 26th. Commerzbank set a €236.00 ($274.42) target price on shares of adidas and gave the stock a buy rating in a report on Friday, September 7th. HSBC set a €255.00 ($296.51) price target on shares of adidas and gave the stock a buy rating in a research report on Thursday, September 6th. UBS Group restated a buy rating on shares of adidas in a research note on Wednesday, October 17th. Finally, Royal Bank of Canada set a €235.00 ($273.26) target price on adidas and gave the company a buy rating in a research note on Wednesday, October 17th. Nine research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of €224.87 ($261.48).
Shares of adidas stock opened at €195.50 ($227.33) on Thursday. adidas has a 1-year low of €163.65 ($190.29) and a 1-year high of €201.01 ($233.73).
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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