DZ Bank restated their neutral rating on shares of adidas (FRA:ADS) in a research note published on Monday morning, Borsen Zeitung reports.
Other equities research analysts also recently issued reports about the stock. UBS Group reiterated a buy rating on shares of adidas in a research note on Monday, January 21st. Macquarie set a €265.00 ($308.14) price objective on shares of adidas and gave the stock a buy rating in a research note on Thursday, January 17th. Royal Bank of Canada reiterated a buy rating on shares of adidas in a research note on Wednesday, January 9th. Baader Bank set a €220.00 ($255.81) price objective on shares of adidas and gave the stock a buy rating in a research note on Tuesday, January 8th. Finally, HSBC set a €255.00 ($296.51) price objective on shares of adidas and gave the stock a buy rating in a research note on Monday, January 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the stock. adidas has an average rating of Hold and an average target price of €229.05 ($266.34).
Shares of adidas stock opened at €246.50 ($286.63) on Monday. adidas has a 12-month low of €163.65 ($190.29) and a 12-month high of €201.01 ($233.73).
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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