adidas (ADS) Given a €235.00 Price Target at UBS Group

UBS Group set a €235.00 ($273.26) price target on adidas (FRA:ADS) in a research report released on Wednesday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.

A number of other research firms have also weighed in on ADS. Berenberg Bank set a €207.00 ($240.70) price target on shares of adidas and gave the company a neutral rating in a report on Wednesday, July 25th. Baader Bank set a €220.00 ($255.81) price target on shares of adidas and gave the company a buy rating in a report on Wednesday, July 4th. HSBC set a €255.00 ($296.51) price target on shares of adidas and gave the company a buy rating in a report on Monday, October 15th. Credit Suisse Group set a €243.00 ($282.56) price target on shares of adidas and gave the company a buy rating in a report on Tuesday, July 24th. Finally, Deutsche Bank set a €210.00 ($244.19) price target on shares of adidas and gave the company a neutral rating in a report on Monday, August 13th. Ten investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. The company currently has an average rating of Buy and an average price target of €224.68 ($261.26).

Shares of adidas stock traded down €2.50 ($2.91) during trading hours on Wednesday, hitting €205.50 ($238.95). The company’s stock had a trading volume of 342,157 shares. adidas has a 1-year low of €163.65 ($190.29) and a 1-year 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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