adidas (ADS) Rating Reiterated by UBS Group
adidas (FRA:ADS)‘s stock had its “buy” rating reissued by stock analysts at UBS Group in a report issued on Monday, www.boersen-zeitung.de reports.
A number of other analysts also recently commented on the company. Goldman Sachs Group set a €240.00 ($279.07) price objective on adidas and gave the stock a “buy” rating in a research report on Friday, October 19th. JPMorgan Chase & Co. set a €205.00 ($238.37) price objective on adidas and gave the stock a “neutral” rating in a research report on Wednesday, October 17th. DZ Bank reiterated a “buy” rating on shares of adidas in a research report on Monday, October 22nd. HSBC set a €255.00 ($296.51) price objective on adidas and gave the stock a “buy” rating in a research report on Monday, October 15th. Finally, Hauck & Aufhaeuser set a €240.00 ($279.07) price objective on adidas and gave the stock a “buy” rating in a research report on Thursday, September 27th. Eight analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of €226.32 ($263.16).
Shares of FRA:ADS opened at €205.80 ($239.30) on Monday. adidas has a twelve month low of €163.65 ($190.29) and a twelve month 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.
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