adidas (ADS) Given a €205.00 Price Target at Warburg Research

adidas (FRA:ADS) has been assigned a €205.00 ($244.05) price target by Warburg Research in a report released on Wednesday. The brokerage currently has a “neutral” rating on the stock. Warburg Research’s target price suggests a potential upside of 22.64% from the company’s previous close.

Several other brokerages also recently issued reports on ADS. Independent Research set a €205.00 ($244.05) price objective on adidas and gave the company a “neutral” rating in a research report on Thursday, November 9th. Berenberg Bank set a €200.00 ($238.10) price objective on adidas and gave the company a “neutral” rating in a research report on Friday, November 10th. Baader Bank set a €220.00 ($261.90) price objective on adidas and gave the company a “buy” rating in a research report on Thursday, November 9th. Citigroup set a €197.00 ($234.52) price objective on adidas and gave the company a “neutral” rating in a research report on Thursday, November 9th. Finally, equinet set a €211.00 ($251.19) price objective on adidas and gave the company a “buy” rating in a research report on Thursday, November 9th. 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 an average rating of “Hold” and a consensus price target of €206.33 ($245.63).

adidas (FRA ADS) opened at €167.15 ($198.99) on Wednesday. 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 $35,030.00 and a price-to-earnings 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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