Independent Research GmbH Analysts Give adidas AG (ADS) a €205.00 Price Target

Independent Research GmbH set a €205.00 ($238.37) price objective on adidas AG (FRA:ADS) in a research note issued to investors on Thursday morning. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also recently commented on the stock. Kepler Capital Markets set a €220.00 ($255.81) target price on shares of adidas AG and gave the company a buy rating in a report on Thursday. J P Morgan Chase & Co set a €195.00 ($226.74) target price on shares of adidas AG and gave the company a neutral rating in a report on Thursday. Warburg Research set a €205.00 ($238.37) target price on shares of adidas AG and gave the company a neutral rating in a report on Thursday. Baader Bank set a €220.00 ($255.81) target price on shares of adidas AG and gave the company a buy rating in a report on Thursday. Finally, equinet AG set a €211.00 ($245.35) target price on shares of adidas AG and gave the company a buy rating in a report on Thursday. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of €206.62 ($240.25).

Shares of adidas AG (FRA ADS) opened at €181.00 ($210.47) on Thursday. adidas AG has a 1-year low of €130.00 ($151.16) and a 1-year high of €201.01 ($233.73).

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About adidas AG

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.

Analyst Recommendations for adidas AG (FRA:ADS)

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