adidas (ADS) PT Set at €225.00 by UBS Group
adidas (FRA:ADS) received a €225.00 ($267.86) target price from investment analysts at UBS Group in a report released on Tuesday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price objective would indicate a potential upside of 21.52% from the company’s current price.
Several other brokerages have also recently issued reports on ADS. equinet set a €211.00 ($251.19) target price on shares of adidas and gave the company a “buy” rating in a report on Friday, November 3rd. HSBC set a €231.00 ($275.00) target price on shares of adidas and gave the company a “buy” rating in a report on Tuesday. set a €231.00 ($275.00) target price on shares of adidas and gave the company a “buy” rating in a report on Tuesday, November 14th. Commerzbank set a €226.00 ($269.05) price target on shares of adidas and gave the stock a “buy” rating in a research note on Monday. Finally, Macquarie set a €230.00 ($273.81) price target on shares of adidas and gave the stock a “buy” rating in a research note on Monday, November 13th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the company’s stock. adidas presently has an average rating of “Hold” and a consensus price target of €206.91 ($246.32).
adidas (ADS) opened at €185.15 ($220.42) on Tuesday. adidas has a twelve month low of €143.00 ($170.24) and a twelve month high of €201.01 ($239.30). The stock has a market cap of $38,770.00 and a price-to-earnings ratio of 28.10.
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.
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