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A report released today by Hauck & Aufhäuser Privatbankiers KGaA about adidas (ETR:ADS) ups the target price to 112.00EUR

Reporting a potential downside of -0.29%, Hauck & Aufhäuser Privatbankiers KGaA upped the price target of adidas (ETR:ADS) to 112.00EUR

On Sunday October 16, 2016, Hauck & Aufhäuser Privatbankiers KGaA released a statement about adidas (ETR:ADS) upped the target price from 0.00EUR to 112.00EUR that suggested a downside of -0.29%.

Having a price of 156.95EUR, adidas (ETR:ADS) traded 1.42% higher on the day. With the last stock price down -0.58% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. ADS has recorded a 50-day average of 211.67EUR and a two hundred day average of 211.00EUR. Trade Volume was down over the average, with 436,529 shares of ADS changing hands under the typical 714,798

Performance Chart

adidas (ETR:ADS)

With a total market value of 0 EUR, adidas has price-earnings ratio of 26.11 with a one year low of 176.63EUR and a one year high of 303.75EUR .

A total of 22 equity analysts have released a ratings update on ADS. Seven equity analysts rating the company a strong buy, fourteen equity analysts rating the company a buy, four equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 259.14EUR.

Brief Synopsis About 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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