A report released earlier today by Warburg Research about adidas (ETR:ADS) ups the target price to 162.00EUR
- Updated: September 28, 2016
Boasting a price of 155.20EUR, adidas (ETR:ADS) traded 0.35% higher on the day. The last stock close price is down 1.59% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same period. adidas has recorded a 50-day average of 210.51EUR and a 200-day moving average of 210.86EUR. 623,784 shares of the stock were exchanged, down from an avg. volume of 799,072
In a statement issued on 9/28/2016 Warburg Research bumped up the target of adidas (ETR:ADS) to 162.00EUR indicating a possible upside of 0.04%.
On Tuesday September 27, 2016, Kepler Cheuvreux reported about adidas (ETR:ADS) increased the target price from 0.00EUR to 166.00EUR. At the time, this suggested an upside of 0.08%.
With a total market value of 0 EUR, adidas has PE ratio of 26.67 with a 52 week low of 176.63EUR and a 52 week high of 303.75EUR .
In addition to Warburg Research reporting its stock price target, a total of 22 analysts have released a report on adidas. The average stock price target is 259.14EUR with seven equity analysts rating the company a strong buy, 14 firms rating the company a buy, four equity analysts rating the company a hold, one brokerage rating the company a underperform, and lastly 0 firms rating the stock a sell.
Brief Synopsis On adidas (ETR:ADS)
adidas AG and its subsidiaries design, develop, produce and market a range of athletic and sports lifestyle products. The Company's segments include Western Europe; North America; Greater China; Russia/CIS; Latin America; Japan; Middle East, South Korea, Southeast Asia/Pacific (MEAA); TaylorMade-adidas Golf; Reebok-CCM Hockey; Runtastic, and Other centrally managed business. The TaylorMade-adidas Golf segment includes brands, such as TaylorMade, adidas Golf, Adams Golf and Ashworth. The Reebok-CCM Hockey segment designs, produces and distributes ice hockey equipment, such as sticks, skates and protection gear. It designs, produces and distributes apparel under Reebok Hockey and CCM brand names. The Runstastic segment operates in the digital and fitness space. The Other centrally managed business segment includes the business activities of the labels Y-3 and Porsche Design Sport by adidas, as well as business activities of the brand Five Ten in the outdoor action sports sector.
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