Independent Research set a €220.00 ($255.81) price target on adidas (FRA:ADS) in a research note released on Wednesday. The brokerage currently has a neutral rating on the stock.

ADS has been the subject of a number of other reports. Hauck & Aufhaeuser set a €245.00 ($284.88) price target on adidas and gave the stock a buy rating in a report on Wednesday, December 12th. UBS Group set a €240.00 ($279.07) price target on adidas and gave the stock a buy rating in a report on Wednesday, January 2nd. DZ Bank reaffirmed a neutral rating on shares of adidas in a report on Thursday, February 28th. Warburg Research set a €220.00 ($255.81) price target on adidas and gave the stock a neutral rating in a report on Wednesday. Finally, Deutsche Bank set a €210.00 ($244.19) price target on adidas and gave the stock a neutral rating in a report on Thursday, January 31st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus 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 1 year low of €163.65 ($190.29) and a 1 year 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.

Featured Article: Gross Domestic Product (GDP)

Analyst Recommendations for adidas (FRA:ADS)

Receive News & Ratings for adidas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for adidas and related companies with MarketBeat.com's FREE daily email newsletter.