adidas (FRA:ADS) Given a €240.00 Price Target by Deutsche Bank Analysts

Deutsche Bank set a €240.00 ($279.07) price target on adidas (FRA:ADS) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities analysts have also recently commented on ADS. Commerzbank set a €300.00 ($348.84) target price on adidas and gave the stock a buy rating in a research report on Thursday, August 8th. Macquarie set a €300.00 ($348.84) target price on adidas and gave the stock a buy rating in a research report on Friday, June 28th. Hauck & Aufhaeuser set a €320.00 ($372.09) target price on adidas and gave the stock a buy rating in a research report on Thursday, August 1st. JPMorgan Chase & Co. set a €225.00 ($261.63) target price on adidas and gave the stock a neutral rating in a research report on Thursday, August 8th. Finally, Royal Bank of Canada set a €305.00 ($354.65) target price on adidas and gave the stock a buy rating in a research report on Thursday, August 8th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the company. adidas currently has an average rating of Hold and a consensus target price of €262.20 ($304.88).

adidas stock opened at €257.10 ($298.95) on Monday. adidas has a 52 week low of €163.65 ($190.29) and a 52 week high of €201.01 ($233.73). The business has a 50-day simple moving average of €276.21 and a 200 day simple moving average of €242.57.

About adidas

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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Analyst Recommendations for adidas (FRA:ADS)

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