Brokerages Set adidas AG (ADS.F) (FRA:ADS) Price Target at €268.72

adidas AG (ADS.F) (FRA:ADS) has earned an average rating of “Hold” from the nineteen analysts that are currently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is €268.72 ($316.14).

A number of analysts have commented on ADS shares. JPMorgan Chase & Co. set a €280.00 ($329.41) price objective on shares of adidas AG (ADS.F) and gave the company a “neutral” rating in a research note on Friday, January 22nd. Baader Bank set a €305.00 ($358.82) price objective on shares of adidas AG (ADS.F) and gave the company a “buy” rating in a research note on Monday, January 25th. Kepler Capital Markets set a €270.00 ($317.65) target price on adidas AG (ADS.F) and gave the company a “buy” rating in a report on Wednesday, November 11th. Nord/LB set a €260.00 ($305.88) target price on adidas AG (ADS.F) and gave the company a “neutral” rating in a report on Tuesday, January 5th. Finally, Berenberg Bank set a €310.00 ($364.71) target price on adidas AG (ADS.F) and gave the company a “buy” rating in a report on Monday, January 25th.

ADS stock traded down €4.50 ($5.29) during mid-day trading on Thursday, reaching €291.10 ($342.47). 410,527 shares of the stock traded hands. adidas AG has a 52-week low of €163.65 ($192.53) and a 52-week high of €201.01 ($236.48). The stock’s fifty day moving average is €283.96 and its 200-day moving average is €277.31.

About adidas AG (ADS.F)

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, Russia/CIS, Latin America, Emerging Markets, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.

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Analyst Recommendations for adidas AG (ADS.F) (FRA:ADS)

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