Hauck & Aufhaeuser set a €320.00 ($372.09) target price on adidas (FRA:ADS) in a research report report published on Thursday, September 26th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages also recently issued reports on ADS. HSBC set a €300.00 ($348.84) price target on adidas and gave the stock a neutral rating in a research report on Tuesday, July 2nd. Macquarie set a €300.00 ($348.84) target price on adidas and gave the company a buy rating in a research report on Wednesday, September 25th. Royal Bank of Canada restated a buy rating on shares of adidas in a research report on Wednesday, September 4th. Baader Bank set a €270.00 ($313.95) target price on adidas and gave the company a neutral rating in a research report on Thursday, August 8th. Finally, Goldman Sachs Group set a €310.00 ($360.47) price target on adidas and gave the company a buy rating in a report on Wednesday, September 25th. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the company’s stock. adidas has an average rating of Hold and an average target price of €268.67 ($312.40).
Shares of ADS traded up €1.60 ($1.86) during mid-day trading on Thursday, reaching €280.20 ($325.81). The company had a trading volume of 601,021 shares. The stock has a 50 day moving average of €272.60 and a two-hundred day moving average of €259.96. adidas has a 52-week low of €163.65 ($190.29) and a 52-week high of €201.01 ($233.73).
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.
Read More: How to execute a trade ex-dividend strategy?
Receive News & Ratings for adidas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for adidas and related companies with MarketBeat.com's FREE daily email newsletter.