adidas (FRA:ADS) Given a €320.00 Price Target by Hauck & Aufhaeuser Analysts

adidas (FRA:ADS) has been assigned a €320.00 ($372.09) target price by analysts at Hauck & Aufhaeuser in a report issued on Wednesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price objective points to a potential upside of 14.78% from the stock’s current price.

ADS has been the subject of a number of other research reports. Commerzbank set a €300.00 ($348.84) target price on adidas and gave the stock a “buy” rating in a report on Thursday, August 8th. Royal Bank of Canada set a €300.00 ($348.84) price target on shares of adidas and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Baader Bank set a €290.00 ($337.21) price objective on shares of adidas and gave the company a “neutral” rating in a report on Wednesday, November 6th. Jefferies Financial Group set a €292.00 ($339.53) price objective on shares of adidas and gave the stock a “neutral” rating in a research note on Monday. Finally, Berenberg Bank set a €315.00 ($366.28) target price on adidas and gave the stock a “buy” rating in a research note on Friday, November 29th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of €280.75 ($326.45).

Shares of ADS traded up €0.70 ($0.81) during trading hours on Wednesday, reaching €278.80 ($324.19). 308,104 shares of the company traded hands. The business has a fifty day moving average price of €276.21 and a 200-day moving average price of €271.72. adidas has a 12-month low of €163.65 ($190.29) and a 12-month high of €201.01 ($233.73).

About adidas

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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