adidas (ADS) Given a €210.00 Price Target by Deutsche Bank Analysts
Deutsche Bank set a €210.00 ($244.19) price target on adidas (FRA:ADS) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research analysts have also issued reports on ADS. Morgan Stanley set a €180.00 ($209.30) target price on shares of adidas and gave the company a sell rating in a report on Tuesday, March 26th. DZ Bank reiterated a neutral rating on shares of adidas in a report on Tuesday. Baader Bank set a €220.00 ($255.81) price objective on shares of adidas and gave the stock a neutral rating in a report on Friday, March 22nd. Hauck & Aufhaeuser set a €245.00 ($284.88) price objective on shares of adidas and gave the stock a buy rating in a report on Monday, April 15th. Finally, Goldman Sachs Group set a €245.00 ($284.88) price objective on shares of adidas and gave the stock a buy rating in a report on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have given a buy rating to the stock. The company currently has an average rating of Buy and an average target price of €226.42 ($263.28).
FRA:ADS opened at €232.15 ($269.94) on Tuesday. adidas has a 12-month low of €163.65 ($190.29) and a 12-month 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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