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A statement released earlier today by Baader Wertpapierhandelsbank about adidas (ETR:ADS) bumps the target price to 160.00EUR

Having a price of 154.60EUR, adidas (ETR:ADS) traded 1.10% higher on the day. With the last stock price down 2.81% 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 209.95EUR and a two hundred day average of 210.97EUR. Trade Volume was down over the average, with 531,572 shares of ADS changing hands under the typical 776,228

Baader Wertpapierhandelsbank raised the price target of adidas (ETR:ADS) to 160.00EUR reporting a possible upside of 0.03%.

On 10/03/2016, Baader Wertpapierhandelsbank released a statement about adidas (ETR:ADS) upped the target price from 0.00EUR to 160.00EUR that suggested an upside of 0.03%.

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adidas (ETR:ADS)

adidas has PE ratio of 27.00 with a one year low of 176.63EUR and a one year high of 303.75EUR and has a market capitalization of 0 EUR.

A total of 22 brokerages have issued a ratings update on adidas. Seven brokerages rating the company a strong buy, fourteen brokerages rating the company a buy, four brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of 259.14EUR.

General Company Details For 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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