adidas (FRA:ADS) Given a €250.00 Price Target at Jefferies Financial Group

adidas (FRA:ADSGet Rating) has been assigned a €250.00 ($263.16) price objective by equities researchers at Jefferies Financial Group in a report released on Friday, Borsen Zeitung reports. Jefferies Financial Group’s price target indicates a potential upside of 37.85% from the stock’s current price.

Several other analysts have also commented on the company. Royal Bank of Canada set a €300.00 ($315.79) price objective on adidas in a report on Monday, April 11th. Hauck and Aufhaeuser set a €285.00 ($300.00) price objective on adidas in a report on Thursday, April 21st. Credit Suisse Group set a €205.00 ($215.79) price objective on adidas in a report on Tuesday, May 3rd. Baader Bank set a €190.00 ($200.00) price objective on adidas in a report on Friday. Finally, Kepler Capital Markets set a €290.00 ($305.26) target price on adidas in a research report on Tuesday, January 11th. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, adidas currently has a consensus rating of “Buy” and a consensus price target of €294.38 ($309.87).

Shares of ADS opened at €181.36 ($190.91) on Friday. adidas has a 12 month low of €163.65 ($172.26) and a 12 month high of €201.01 ($211.59). The stock has a fifty day moving average price of €203.37 and a 200-day moving average price of €238.58.

adidas Company Profile (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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Analyst Recommendations for adidas (FRA:ADS)

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