The Goldman Sachs Group set a €360.00 ($423.53) price target on adidas (FRA:ADS) in a report published on Wednesday, Borsen Zeitung reports.
ADS has been the topic of several other research reports. Baader Bank set a €340.00 ($400.00) target price on adidas in a report on Friday, August 13th. Nord/LB set a €260.00 ($305.88) price objective on shares of adidas in a research report on Thursday, July 1st. Berenberg Bank set a €360.00 ($423.53) price target on adidas in a report on Monday, September 6th. JPMorgan Chase & Co. set a €320.00 ($376.47) price objective on shares of adidas in a research note on Thursday, August 5th. Finally, Warburg Research set a €290.00 ($341.18) target price on shares of adidas in a research report on Friday, August 13th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of Hold and a consensus target price of €321.18 ($377.85).
adidas stock opened at €282.00 ($331.76) on Wednesday. adidas has a 52 week low of €163.65 ($192.53) and a 52 week high of €201.01 ($236.48). The company’s 50-day moving average price is €304.28 and its two-hundred day moving average price is €293.79.
adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. The company operates through ten 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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