Trade Report: Today, Nord/LB Analysts Give adidas AG (ADS) a €180.00 Price Target

Today, Nord/LB Analysts Give adidas AG (ADS) a €180.00 Price Target

Nord/LB set a €180.00 ($193.55) price target on adidas AG (FRA:ADS) in a research note released on Tuesday morning. The firm currently has a buy rating on the stock.

Several other brokerages have also recently commented on ADS. HSBC set a €162.00 ($174.19) target price on shares of adidas AG and gave the stock 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 stock 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 stock 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 stock a neutral rating in a report on Tuesday, August 16th. Finally, Deutsche Bank AG set a €170.00 ($182.80) target price on shares of adidas AG and gave the stock a buy rating in a report on Monday, October 24th. Four investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of €141.32 ($151.96).

Shares of adidas AG (FRA:ADS) opened at 138.418 on Tuesday. The firm has a 50-day moving average of €146.65 and a 200 day moving average of €138.13. The firm has a market capitalization of €27.73 billion and a price-to-earnings ratio of 28.664. adidas AG has a 52-week low of €82.64 and a 52-week high of €160.15.

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