Royal Bank of Canada Analysts Give adidas (ADS) a €235.00 Price Target

Royal Bank of Canada set a €235.00 ($273.26) target price on adidas (FRA:ADS) in a report published on Thursday morning. The firm currently has a buy rating on the stock.

Other equities analysts also recently issued reports about the company. Baader Bank set a €220.00 ($255.81) price target on adidas and gave the company a buy rating in a report on Friday, December 21st. UBS Group set a €240.00 ($279.07) price target on adidas and gave the company a buy rating in a report on Friday, December 21st. Credit Suisse Group set a €235.00 ($273.26) price target on adidas and gave the company a buy rating in a report on Thursday, December 13th. Hauck & Aufhaeuser set a €245.00 ($284.88) price target on adidas and gave the company a buy rating in a report on Wednesday, December 12th. Finally, Kepler Capital Markets set a €222.00 ($258.14) price target on adidas and gave the company a buy rating in a report on Thursday, December 6th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of €226.22 ($263.05).

Shares of FRA:ADS opened at €212.40 ($246.98) on Thursday. adidas has a 1-year low of €163.65 ($190.29) and a 1-year high of €201.01 ($233.73).

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, 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.

See Also: Understanding Price to Earnings Ratio (PE)

Analyst Recommendations for adidas (FRA:ADS)

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