Macquarie Analysts Give adidas (ADS) a €265.00 Price Target

Macquarie set a €265.00 ($308.14) target price on adidas (FRA:ADS) in a research note issued to investors on Thursday. The firm currently has a buy rating on the stock.

Several other research firms have also commented on ADS. Commerzbank set a €236.00 ($274.42) price objective on adidas and gave the stock a buy rating in a research report on Wednesday. equinet set a €228.00 ($265.12) price objective on adidas and gave the stock a buy rating in a research report on Thursday, August 9th. Hauck & Aufhaeuser set a €240.00 ($279.07) price objective on adidas and gave the stock a buy rating in a research report on Friday, October 26th. JPMorgan Chase & Co. set a €200.00 ($232.56) price objective on adidas and gave the stock a neutral rating in a research report on Wednesday, July 18th. Finally, Kepler Capital Markets set a €222.00 ($258.14) price objective on adidas and gave the stock a buy rating in a research report on Tuesday, July 31st. Ten analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. adidas currently has an average rating of Buy and a consensus price target of €224.60 ($261.16).

FRA ADS traded up €2.90 ($3.37) during trading hours on Thursday, reaching €203.90 ($237.09). The stock had a trading volume of 712,740 shares. adidas has a 52-week low of €163.65 ($190.29) and a 52-week 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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Analyst Recommendations for adidas (FRA:ADS)

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