Macquarie Analysts Give adidas (ADS) a €265.00 Price Target

adidas (FRA:ADS) received a €265.00 ($308.14) target price from equities research analysts at Macquarie in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Macquarie’s price target would indicate a potential upside of 29.97% from the company’s current price.

ADS has been the topic of a number of other research reports. Berenberg Bank set a €207.00 ($240.70) price objective on adidas and gave the stock a “neutral” rating in a research note on Wednesday, July 25th. HSBC set a €255.00 ($296.51) price objective on adidas and gave the stock a “buy” rating in a research note on Monday, October 15th. JPMorgan Chase & Co. set a €205.00 ($238.37) price objective on adidas and gave the stock a “neutral” rating in a research note on Wednesday. Credit Suisse Group set a €243.00 ($282.56) price objective on adidas and gave the stock a “buy” rating in a research note on Tuesday, July 24th. Finally, Deutsche Bank set a €210.00 ($244.19) price objective on adidas and gave the stock a “neutral” rating in a research note on Monday, August 13th. Ten analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. adidas presently has an average rating of “Buy” and an average price target of €224.60 ($261.16).

Shares of adidas stock opened at €203.90 ($237.09) on Thursday. adidas has a 12-month low of €163.65 ($190.29) and a 12-month 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.

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Analyst Recommendations for adidas (FRA:ADS)

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