adidas (FRA:ADS) has been given a €198.00 ($235.71) price target by equities research analysts at Nord/LB in a research report issued to clients and investors on Friday. The firm presently has a “neutral” rating on the stock. Nord/LB’s price objective would suggest a potential upside of 17.47% from the company’s current price.
ADS has been the subject of several other research reports. Macquarie set a €230.00 ($273.81) price objective on shares of 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) price objective on shares of adidas and gave the stock a “buy” rating in a research report on Tuesday, December 19th. Baader Bank set a €220.00 ($261.90) price objective on shares of adidas and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. Independent Research set a €205.00 ($244.05) price objective on shares of adidas and gave the stock a “neutral” rating in a research report on Thursday, November 9th. Finally, set a €231.00 ($275.00) price objective on shares of adidas and gave the stock a “buy” rating in a research report on Tuesday, November 14th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. adidas currently has an average rating of “Hold” and an average target price of €205.62 ($244.78).
Shares of adidas (FRA ADS) traded up €1.70 ($2.02) during trading hours on Friday, hitting €168.55 ($200.65). 1,866 shares of the stock traded hands. The stock has a market cap of $35,170.00 and a P/E ratio of 25.65. adidas has a twelve month low of €143.00 ($170.24) and a twelve month high of €201.01 ($239.30).
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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.
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