adidas (ADS) Given a €235.00 Price Target at Royal Bank of Canada

adidas (FRA:ADS) received a €235.00 ($273.26) target price from equities researchers at Royal Bank of Canada in a research report issued on Wednesday. The brokerage currently has a “buy” rating on the stock. Royal Bank of Canada’s target price would suggest a potential upside of 17.50% from the stock’s current price.

Several other brokerages also recently weighed in on ADS. equinet set a €228.00 ($265.12) price target on adidas and gave the stock a “buy” rating in a report on Thursday, August 9th. HSBC set a €240.00 ($279.07) price target on adidas and gave the stock a “buy” rating in a report on Tuesday, July 3rd. Hauck & Aufhaeuser set a €240.00 ($279.07) price target on adidas and gave the stock a “buy” rating in a report on Tuesday, July 3rd. JPMorgan Chase & Co. set a €200.00 ($232.56) price target on adidas and gave the stock a “neutral” rating in a report on Wednesday, July 18th. Finally, Kepler Capital Markets set a €222.00 ($258.14) price target on adidas and gave the stock a “buy” rating in a report on Tuesday, July 31st. Nine equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of €225.50 ($262.21).

Shares of FRA ADS opened at €200.00 ($232.56) on Wednesday. adidas has a 1-year low of €163.65 ($190.29) and a 1-year high of €201.01 ($233.73).

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, 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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