adidas (ADS) Given a €198.00 Price Target by Nord/LB Analysts

Nord/LB set a €198.00 ($235.71) target price on adidas (FRA:ADS) in a research report sent to investors on Friday. The brokerage currently has a neutral rating on the stock.

ADS has been the topic of several other reports. Macquarie set a €230.00 ($273.81) target price on adidas and gave the stock a buy rating in a research report on Monday, November 13th. Kepler Capital Markets set a €215.00 ($255.95) target price on adidas and gave the stock a buy rating in a research report on Tuesday, December 19th. Baader Bank set a €220.00 ($261.90) target price on adidas and gave the stock a buy rating in a research report on Wednesday, January 3rd. Independent Research set a €205.00 ($244.05) target price on adidas and gave the stock a neutral rating in a research report on Thursday, November 9th. Finally, set a €231.00 ($275.00) target price on adidas and gave the stock a buy rating in a research report on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company’s stock. adidas presently has a consensus rating of Hold and an average price target of €205.62 ($244.78).

Shares of adidas (ADS) traded up €1.70 ($2.02) during midday trading on Friday, reaching €168.55 ($200.65). The company’s stock had a trading volume of 1,866 shares. adidas has a 1 year low of €143.00 ($170.24) and a 1 year high of €201.01 ($239.30). The firm has a market capitalization of $35,170.00 and a price-to-earnings ratio of 25.65.

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adidas Company Profile

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 and Reebok brands. The company is also involved in wholesale, retail, and e-commerce business activities related to the distribution of adidas and Reebok products to retail and end customers.

Analyst Recommendations for adidas (FRA:ADS)

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