adidas (ADS) Received “Neutral” Rating from DZ Bank

adidas (ADS) Received “Neutral” Rating from DZ Bank

Several other research analysts have also issued reports on the stock. HSBC set a €255.00 ($296.51) target price on shares of adidas and gave the stock a buy rating in a research note on Friday, January 25th. Macquarie set a €265.00 ($308.14) target price on shares of adidas and gave the stock a buy rating in a research note on Thursday, January 17th. Hauck & Aufhaeuser set a €245.00 ($284.88) target price on shares of adidas and gave the stock a buy rating in a research note on Wednesday, December 12th. Credit Suisse Group set a €235.00 ($273.26) target price on shares of adidas and gave the stock a buy rating in a research note on Thursday, December 13th. Finally, UBS Group set a €210.00 ($244.19) target price on shares of adidas and gave the stock a neutral rating in a research note on Friday, February 1st. One analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of €222.86 ($259.14).

DZ Bank restated their neutral rating on shares of adidas (FRA:ADS) in a research report released on Wednesday.

ADS opened at €210.70 ($245.00) on Wednesday. adidas has a twelve month low of €163.65 ($190.29) and a twelve month high of €201.01 ($233.73).

About adidas

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and hardware, such as bags and balls under the adidas, Reebok, and adidas Golf brands. The company is also involved in Y-3 label business activities; and the operation of Runtastic, a digital health and fitness space.

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