Deutsche Bank set a €230.00 ($267.44) target price on adidas (FRA:ADS) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. upped their target price on from GBX 385 ($5.03) to GBX 480 ($6.27) and gave the company an overweight rating in a report on Wednesday, July 3rd. Royal Bank of Canada downgraded Amneal Pharmaceuticals from an outperform rating to a sector perform rating and decreased their target price for the company from $11.00 to $6.00 in a report on Thursday, July 11th. Bank of America set a $47.00 target price on Yandex and gave the company a buy rating in a report on Tuesday, March 19th. Hauck & Aufhaeuser set a €78.00 ($90.70) target price on Hugo Boss and gave the company a buy rating in a report on Friday, May 3rd. Finally, HSBC upgraded ELECTRICITE DE/ADR from a hold rating to a buy rating in a report on Tuesday, July 2nd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of €251.58 ($292.53).
FRA ADS opened at €281.45 ($327.27) on Tuesday. adidas has a 52-week low of €163.65 ($190.29) and a 52-week high of €201.01 ($233.73). The stock has a fifty day moving average of €268.96.
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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