Royal Bank of Canada Reiterates Buy Rating for adidas (ADS)

adidas (FRA:ADS)‘s stock had its “buy” rating reissued by analysts at Royal Bank of Canada in a research note issued on Wednesday.

ADS has been the subject of a number of other reports. DZ Bank reaffirmed a “buy” rating on shares of adidas in a report on Thursday, November 8th. equinet set a €228.00 ($265.12) price objective on shares of adidas and gave the stock a “buy” rating in a report on Wednesday, November 7th. Hauck & Aufhaeuser set a €245.00 ($284.88) price objective on shares of adidas and gave the stock a “buy” rating in a report on Wednesday, December 12th. Baader Bank set a €220.00 ($255.81) price objective on shares of adidas and gave the stock a “buy” rating in a report on Wednesday, November 7th. Finally, Deutsche Bank set a €210.00 ($244.19) price objective on shares of adidas and gave the stock a “neutral” rating in a report on Friday, November 9th. Nine research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of €225.09 ($261.73).

FRA ADS opened at €197.15 ($229.24) on Wednesday. adidas has a 52-week low of €163.65 ($190.29) and a 52-week 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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