adidas (ADS) Given a €240.00 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a €240.00 ($279.07) price objective on adidas (FRA:ADS) in a report released on Wednesday. The brokerage currently has a buy rating on the stock.

A number of other research analysts also recently weighed in on the company. UBS Group set a €235.00 ($273.26) price objective on adidas and gave the company a buy rating in a research note on Wednesday, October 31st. Kepler Capital Markets set a €222.00 ($258.14) price objective on adidas and gave the company a buy rating in a research note on Tuesday, October 30th. Hauck & Aufhaeuser set a €240.00 ($279.07) price objective on adidas and gave the company a buy rating in a research note on Friday, October 26th. Morgan Stanley set a €205.00 ($238.37) price objective on adidas and gave the company a neutral rating in a research note on Monday, October 22nd. Finally, DZ Bank reissued a buy rating on shares of adidas in a research note on Monday, October 22nd. Ten investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. adidas presently has an average rating of Buy and an average target price of €224.60 ($261.16).

Shares of ADS stock traded up €2.40 ($2.79) during trading on Wednesday, reaching €201.00 ($233.72). The company had a trading volume of 882,199 shares. adidas has a one year low of €163.65 ($190.29) and a one year 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.

Read More: How is the S&P 500 index different from the DJIA?

Analyst Recommendations for adidas (FRA:ADS)

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.

Leave a Reply