adidas (FRA:ADS) Given a €300.00 Price Target by Credit Suisse Group Analysts
Credit Suisse Group set a €300.00 ($348.84) price objective on adidas (FRA:ADS) in a research note released on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other analysts have also issued reports about the stock. JPMorgan Chase & Co. set a €235.00 ($273.26) price target on shares of adidas and gave the stock a neutral rating in a research report on Wednesday, November 6th. Jefferies Financial Group set a €280.00 ($325.58) target price on shares of adidas and gave the company a neutral rating in a research report on Tuesday, January 28th. Baader Bank set a €290.00 ($337.21) target price on shares of adidas and gave the company a buy rating in a research report on Monday, January 6th. HSBC set a €300.00 ($348.84) target price on shares of adidas and gave the company a neutral rating in a research report on Friday, October 18th. Finally, Berenberg Bank set a €315.00 ($366.28) target price on shares of adidas and gave the company a buy rating in a research report on Friday, November 29th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of €285.55 ($332.03).
Shares of ADS opened at €287.70 ($334.53) on Monday. adidas has a one year low of €163.65 ($190.29) and a one year high of €201.01 ($233.73). The company’s fifty day moving average price is €298.54 and its 200 day moving average price is €280.92.
adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. The company operates in 10 segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.
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