adidas (FRA:ADS) received a €222.00 ($258.14) target price from Kepler Capital Markets in a research note issued to investors on Friday. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ price objective points to a potential upside of 5.76% from the stock’s previous close.
Several other equities analysts have also recently commented on the stock. Royal Bank of Canada set a €235.00 ($273.26) target price on shares of adidas and gave the stock a “buy” rating in a research report on Monday, February 25th. Morgan Stanley set a €180.00 ($209.30) target price on shares of adidas and gave the stock a “sell” rating in a research report on Thursday, January 24th. UBS Group set a €240.00 ($279.07) target price on shares of adidas and gave the stock a “buy” rating in a research report on Wednesday, January 2nd. Warburg Research set a €220.00 ($255.81) target price on shares of adidas and gave the stock a “neutral” rating in a research report on Thursday, December 27th. Finally, Goldman Sachs Group set a €240.00 ($279.07) price target on shares of adidas and gave the stock a “buy” rating in a report on Friday, February 1st. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of €226.16 ($262.97).
adidas stock opened at €209.90 ($244.07) on Friday. adidas has a 52 week low of €163.65 ($190.29) and a 52 week high of €201.01 ($233.73).
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.
Featured Article: Fundamental Analysis
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.