adidas (FRA:ADS) has been given a €280.00 ($325.58) target price by investment analysts at Warburg Research in a report released on Friday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Warburg Research’s target price suggests a potential downside of 3.88% from the stock’s current price.
ADS has been the subject of a number of other research reports. Credit Suisse Group set a €270.00 ($313.95) target price on shares of adidas and gave the stock a “neutral” rating in a research report on Thursday, November 7th. UBS Group set a €268.00 ($311.63) price objective on shares of adidas and gave the stock a “neutral” rating in a report on Wednesday, November 6th. HSBC set a €300.00 ($348.84) price objective on shares of adidas and gave the company a “neutral” rating in a research note on Friday, October 18th. JPMorgan Chase & Co. set a €235.00 ($273.26) target price on shares of adidas and gave the company a “neutral” rating in a report on Wednesday, November 6th. Finally, Independent Research set a €295.00 ($343.02) target price on adidas and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of €280.75 ($326.45).
adidas Company Profile
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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