adidas (FRA:ADS – Get Rating) received a €210.00 ($216.49) price target from Jefferies Financial Group in a research report issued on Thursday, Borsen Zeitung reports. Jefferies Financial Group’s price target would indicate a potential upside of 22.41% from the company’s current price.
A number of other analysts also recently issued reports on the company. The Goldman Sachs Group set a €220.00 ($226.80) price target on adidas in a research report on Wednesday, July 27th. Royal Bank of Canada set a €190.00 ($195.88) price target on adidas in a research report on Wednesday, July 27th. JPMorgan Chase & Co. set a €215.00 ($221.65) price target on adidas in a research report on Monday, July 25th. HSBC set a €200.00 ($206.19) target price on adidas in a research report on Tuesday, June 14th. Finally, Baader Bank set a €190.00 ($195.88) target price on adidas in a research report on Wednesday, July 27th.
adidas Stock Performance
Shares of ADS opened at €171.56 ($176.87) on Thursday. The business has a fifty day moving average of €171.29 and a 200 day 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).
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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