adidas (ADS) PT Set at €255.00 by HSBC

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adidas (FRA:ADS) received a €255.00 ($296.51) price target from research analysts at HSBC in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. HSBC’s target price points to a potential upside of 23.07% from the company’s current price.

Other analysts have also issued research reports about the company. Royal Bank of Canada set a €220.00 ($255.81) price target on adidas and gave the company a “buy” rating in a research note on Friday, July 13th. Macquarie set a €240.00 ($279.07) price target on adidas and gave the company a “buy” rating in a research note on Wednesday, July 11th. Baader Bank set a €220.00 ($255.81) price target on adidas and gave the company a “buy” rating in a research note on Wednesday, July 4th. Hauck & Aufhaeuser set a €240.00 ($279.07) price target on adidas and gave the company a “buy” rating in a research note on Tuesday, July 3rd. Finally, Kepler Capital Markets set a €222.00 ($258.14) price target on adidas and gave the company a “buy” rating in a research note on Friday, June 29th. Nine analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of €224.04 ($260.51).

Shares of ADS stock opened at €207.20 ($240.93) on Thursday. adidas has a one year low of €163.65 ($190.29) and a one year 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. It offers footwear; apparel; and hardware, such as bags and balls under the adidas, Reebok, and adidas Golf brands. The company is also involved in Y-3 label business activities; and the operation of Runtastic, a digital health and fitness space.

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Analyst Recommendations for adidas (FRA:ADS)

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