adidas (FRA:ADS) Given a €190.00 Price Target by Royal Bank of Canada Analysts

adidas (FRA:ADS – Get Rating) has been assigned a €190.00 ($195.88) target price by Royal Bank of Canada in a report issued on Thursday, Borsen Zeitung reports. Royal Bank of Canada’s target price would suggest a potential upside of 10.75% from the stock’s current price.

A number of other research analysts have also commented on ADS. Deutsche Bank Aktiengesellschaft set a €210.00 ($216.49) price objective on shares of adidas in a research report on Wednesday, July 27th. HSBC set a €200.00 ($206.19) price target on shares of adidas in a research report on Tuesday, June 14th. UBS Group set a €173.00 ($178.35) price target on shares of adidas in a research report on Thursday. Jefferies Financial Group set a €210.00 ($216.49) price target on shares of adidas in a research report on Thursday. Finally, Credit Suisse Group set a €145.00 ($149.48) price target on shares of adidas in a research report on Wednesday, July 27th.

adidas Stock Down 2.1 %

Shares of ADS opened at €171.56 ($176.87) on Thursday. The company has a 50-day simple moving average of €171.29 and a 200-day simple moving average of €196.35. adidas has a 52 week low of €163.65 ($168.71) and a 52 week high of €201.01 ($207.23).

About adidas

(Get Rating)

adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and accessories and gear, such as bags and balls under the adidas brand. It sells its products through approximately 2,200 own-retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels.

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