adidas AG (FRA:ADS) Receives Consensus Rating of “Hold” from Brokerages

Shares of adidas AG (FRA:ADS) have earned a consensus recommendation of “Hold” from the twenty research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is €239.32 ($278.27).

ADS has been the topic of several recent research reports. Bank of America set a €225.00 ($261.63) price objective on adidas and gave the stock a “buy” rating in a research report on Tuesday, March 19th. Royal Bank of Canada set a €235.00 ($273.26) price objective on adidas and gave the stock a “buy” rating in a research report on Thursday, March 14th. Macquarie set a €265.00 ($308.14) price objective on adidas and gave the stock a “buy” rating in a research report on Thursday, March 14th. Hauck & Aufhaeuser set a €245.00 ($284.88) price objective on adidas and gave the stock a “buy” rating in a research report on Thursday, March 14th. Finally, Goldman Sachs Group set a €240.00 ($279.07) price objective on adidas and gave the stock a “buy” rating in a research report on Thursday, March 14th.

ADS stock opened at €271.50 ($315.70) on Friday. The stock’s fifty day moving average price is €260.31. adidas has a fifty-two week low of €163.65 ($190.29) and a fifty-two week high of €201.01 ($233.73).

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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Analyst Recommendations for adidas (FRA:ADS)

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