A report released today by Joh. Berenberg Gossler & Co. KG about adidas (ETR:ADS) ups the target price to 140.00EUR
- Updated: September 22, 2016
Just yesterday adidas (ETR:ADS) traded 1.13% higher at 154.80EUR. adidas’s 50-day moving average is 211.15EUR and its 200-day moving average is 210.87EUR. The last stock price is down 3.41% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 438,741 shares of ADS traded hands, down from an average trading volume of 828,734
In a report released on 9/22/2016 Joh. Berenberg Gossler & Co. KG increased the stock price target of adidas (ETR:ADS) to 140.00EUR reporting a possible downside of -0.10%.
Previously on 9/12/2016, BNP PARIBAS released a statement about adidas (ETR:ADS) increased the target price from 0.00EUR to 165.00EUR. At the time, this indicated a possible upside of 0.14%.
Recent Performance Chart
adidas has 52 week low of 176.63EUR and a 52 week high of 303.75EUR with a PE ratio of 27.15 and has a market capitalization of 0 EUR.
In addition to Joh. Berenberg Gossler & Co. KG reporting its stock price target, a total of 22 firms have issued a report on adidas. The 12-month target is 259.14EUR with seven analysts rating the company a strong buy, 14 firms rating the stock a buy, 4 brokers rating the stock a hold, one analyst rating the company a underperform, and lastly 0 brokerages rating the company a sell.
More 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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