Today, adidas AG (ADS) Given a €125.00 Price Target at Independent Research GmbH

Today, adidas AG (ADS) Given a €125.00 Price Target at Independent Research GmbH
Independent Research GmbH set a €125.00 ($134.41) price objective on adidas AG (FRA:ADS) in a report issued on Thursday morning. The brokerage currently has a sell rating on the stock.

ADS has been the topic of several other reports. HSBC set a €162.00 ($174.19) target price on shares of adidas AG and gave the company a neutral rating in a report on Friday, November 4th. Baader Bank set a €160.00 ($172.04) target price on shares of adidas AG and gave the company a neutral rating in a report on Monday, October 3rd. Commerzbank AG set a €150.00 ($161.29) target price on shares of adidas AG and gave the company a neutral rating in a report on Thursday, July 28th. Warburg Research set a €162.00 ($174.19) target price on shares of adidas AG and gave the company a neutral rating in a report on Tuesday, August 16th. Finally, Deutsche Bank AG set a €170.00 ($182.80) price objective on shares of adidas AG and gave the stock a buy rating in a report on Monday, October 24th. Four research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have given a buy rating to the company. adidas AG has an average rating of Hold and an average target price of €141.32 ($151.96).

adidas AG (FRA:ADS) opened at 138.00 on Thursday. adidas AG has a 12-month low of €82.64 and a 12-month high of €160.15. The stock has a market capitalization of €27.64 billion and a price-to-earnings ratio of 28.58. The firm has a 50-day moving average of €146.65 and a 200 day moving average of €138.13.

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