adidas (FRA:ADS) PT Set at €230.00 by Deutsche Bank

Deutsche Bank set a €230.00 ($267.44) target price on adidas (FRA:ADS) in a research note published on Tuesday, May 7th, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other brokerages also recently issued reports on ADS. DZ Bank reissued a neutral rating on shares of adidas in a research note on Monday, May 6th. Hauck & Aufhaeuser set a €245.00 ($284.88) price target on adidas and gave the stock a buy rating in a report on Friday, May 3rd. Goldman Sachs Group set a €245.00 ($284.88) price target on adidas and gave the stock a buy rating in a report on Friday, May 3rd. JPMorgan Chase & Co. set a €205.00 ($238.37) price target on adidas and gave the stock a neutral rating in a report on Friday, May 3rd. Finally, Independent Research set a €250.00 ($290.70) price target on adidas and gave the stock a neutral rating in a report on Friday, May 3rd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and ten have given a buy rating to the stock. adidas has an average rating of Hold and a consensus price target of €235.37 ($273.68).

ADS traded down €5.45 ($6.34) on Tuesday, hitting €258.60 ($300.70). 602,652 shares of the company traded hands. adidas has a 12-month low of €163.65 ($190.29) and a 12-month high of €201.01 ($233.73).

About adidas

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. The company operates in 10 segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.

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Analyst Recommendations for adidas (FRA:ADS)

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