adidas (ADS) PT Set at €205.00 by JPMorgan Chase & Co.
JPMorgan Chase & Co. set a €205.00 ($238.37) price objective on adidas (FRA:ADS) in a research report released on Wednesday morning. The brokerage currently has a neutral rating on the stock.
ADS has been the subject of a number of other research reports. HSBC set a €255.00 ($296.51) price objective on shares of adidas and gave the company a buy rating in a research report on Friday, January 25th. Macquarie set a €265.00 ($308.14) price objective on shares of adidas and gave the company a buy rating in a research report on Thursday, January 17th. Hauck & Aufhaeuser set a €245.00 ($284.88) target price on shares of adidas and gave the stock a buy rating in a research report on Wednesday, December 12th. Credit Suisse Group set a €235.00 ($273.26) target price on shares of adidas and gave the stock a buy rating in a research report on Thursday, December 13th. Finally, UBS Group set a €210.00 ($244.19) target price on shares of adidas and gave the stock a neutral rating in a research report on Friday, February 1st. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the company. The stock has an average rating of Buy and an average price target of €226.22 ($263.05).
Shares of FRA:ADS opened at €212.40 ($246.98) on Wednesday. adidas has a fifty-two week low of €163.65 ($190.29) and a fifty-two week 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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