adidas (ADS) PT Set at €215.00 by Royal Bank of Canada

Royal Bank of Canada set a €215.00 ($265.43) target price on adidas (FRA:ADS) in a research note published on Wednesday. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also recently commented on ADS. Berenberg Bank set a €200.00 ($246.91) price objective on shares of adidas and gave the company a neutral rating in a research note on Tuesday, January 30th. JPMorgan Chase & Co. set a €195.00 ($240.74) target price on shares of adidas and gave the company a neutral rating in a report on Wednesday, October 18th. Commerzbank set a €226.00 ($279.01) target price on shares of adidas and gave the company a buy rating in a report on Wednesday, November 1st. Warburg Research set a €205.00 ($253.09) target price on shares of adidas and gave the company a neutral rating in a report on Thursday, November 2nd. Finally, Independent Research set a €208.00 ($256.79) target price on shares of adidas and gave the company a neutral rating in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company. adidas has a consensus rating of Hold and an average target price of €206.91 ($255.44).

Shares of adidas (FRA ADS) opened at €176.85 ($218.33) on Wednesday. The company has a market cap of $36,700.00 and a PE ratio of 26.84. adidas has a 12 month low of €144.32 ($178.17) and a 12 month high of €201.01 ($248.16).

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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 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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