adidas (FRA:ADS – Get Rating) has been given a €160.00 ($170.21) price target by research analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Wednesday, Borsen Zeitung reports. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 5.36% from the stock’s current price.
ADS has been the subject of several other research reports. Warburg Research set a €175.00 ($186.17) target price on shares of adidas in a report on Wednesday. Berenberg Bank set a €180.00 ($191.49) target price on shares of adidas in a report on Tuesday, February 28th. Baader Bank set a €133.00 ($141.49) target price on shares of adidas in a report on Friday, February 10th. UBS Group set a €133.00 ($141.49) target price on shares of adidas in a report on Tuesday, February 28th. Finally, Royal Bank of Canada set a €110.00 ($117.02) target price on shares of adidas in a report on Friday, February 10th.
adidas Trading Up 3.0 %
ADS stock opened at €151.86 ($161.55) on Wednesday. adidas has a 52 week low of €163.65 ($174.10) and a 52 week high of €201.01 ($213.84). The company has a fifty day simple moving average of €143.97 and a two-hundred day simple moving average of €132.46.
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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