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

Yesterday adidas (ETR:ADS) traded 1.42% higher at 156.95EUR. The company’s 50-day moving average is 211.40EUR and its 200-day moving average is 211.01EUR. The last closing price is down -0.59% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 436,529 shares of the stock traded hands, down from an average trading volume of 716,643

Hauck & Aufhäuser Privatbankiers KGaA raised the target price of adidas (ETR:ADS) to 112.00EUR indicating a possible downside of -0.29%.

Previously on 10/14/2016, Hauck & Aufhäuser Privatbankiers KGaA reported on adidas (ETR:ADS) increased the target price from 0.00EUR to 112.00EUR. At the time, this indicated a possible downside of -0.29%.

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adidas (ETR:ADS)

adidas has a PE ratio of 26.11 with a one year low of 176.63EUR and a one year high of 303.75EUR The company’s market cap is currently 0 EUR.

In addition to Hauck & Aufhäuser Privatbankiers KGaA reporting its target price, a total of 22 equity analysts have released a research note on ADS. The one year target is 259.14EUR with seven equity analysts rating the company a strong buy, fourteen brokers rating the stock a buy, 4 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information 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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