Hauck & Aufhaeuser set a €320.00 ($372.09) price objective on adidas (FRA:ADS) in a research report released on Thursday, September 26th, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other analysts also recently issued research reports about the company. Commerzbank set a €300.00 ($348.84) target price on adidas and gave the stock a buy rating in a research note on Thursday, August 8th. Macquarie set a €300.00 ($348.84) price target on adidas and gave the stock a buy rating in a research report on Wednesday, September 25th. Goldman Sachs Group set a €310.00 ($360.47) price target on adidas and gave the stock a buy rating in a research report on Wednesday, September 25th. Kepler Capital Markets set a €290.00 ($337.21) price target on adidas and gave the stock a neutral rating in a research report on Wednesday, September 25th. Finally, Morgan Stanley reiterated a sell rating on shares of adidas in a research report on Monday, September 16th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eight have assigned a buy rating to the stock. adidas has an average rating of Hold and an average price target of €268.67 ($312.40).
Shares of ADS stock traded up €1.60 ($1.86) during mid-day trading on Thursday, reaching €280.20 ($325.81). The stock had a trading volume of 601,021 shares. adidas has a 1-year low of €163.65 ($190.29) and a 1-year high of €201.01 ($233.73). The business’s fifty day moving average is €272.60 and its 200-day moving average is €259.96.
adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. The company operates in 10 segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.
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