Commerzbank Analysts Give adidas (ADS) a €226.00 Price Target

Commerzbank set a €226.00 ($269.05) target price on adidas (FRA:ADS) in a research report sent to investors on Monday. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also issued reports on the company. Nord/LB set a €198.00 ($235.71) target price on adidas and gave the company a neutral rating in a research note on Friday, January 12th. Independent Research set a €190.00 ($226.19) target price on adidas and gave the company a neutral rating in a research note on Tuesday, January 9th. Baader Bank set a €220.00 ($261.90) target price on adidas and gave the company a buy rating in a research note on Wednesday, January 3rd. Warburg Research set a €205.00 ($244.05) target price on adidas and gave the company a neutral rating in a research note on Wednesday, January 3rd. Finally, Macquarie set a €220.00 ($261.90) target price on adidas and gave the company a buy rating in a research note on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the stock. adidas currently has a consensus rating of Hold and a consensus price target of €205.62 ($244.78).

Shares of adidas (ADS) opened at €167.15 ($198.99) on Monday. adidas has a 52 week low of €143.00 ($170.24) and a 52 week high of €201.01 ($239.30). The stock has a market capitalization of $35,140.00 and a P/E ratio of 25.44.

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adidas Company Profile

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 and Reebok brands. The company is also involved in wholesale, retail, and e-commerce business activities related to the distribution of adidas and Reebok products to retail and end customers.

Analyst Recommendations for adidas (FRA:ADS)

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