A statement released earlier today by Kepler Cheuvreux about adidas (ETR:ADS) bumps the target price to 166.00EUR
- Updated: October 1, 2016
Kepler Cheuvreux bumped up the target of adidas (ETR:ADS) to 166.00EUR stating a potential upside of 0.07%.
On 10/1/2016, Kepler Cheuvreux released a statement for adidas (ETR:ADS) bumped up the target price from 0.00EUR to 166.00EUR that suggested an upside of 0.07%.
Boasting a price of 154.60EUR, adidas (ETR:ADS) traded 0.74% higher on the day. With the last stock price close down 1.72% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. adidas has recorded a 50-day average of 210.01EUR and a two hundred day average of 210.90EUR. Volume of trade was down over the average, with 659,867 shares of ADS changing hands under the typical 778,334
With a total market value of 0 EUR, adidas has price-earnings ratio of 26.71 with a one year low of 176.63EUR and a one year high of 303.75EUR .
A total of 22 brokerages have released a report on adidas. Seven brokers rating the stock a strong buy, fourteen firms rating the stock a buy, 4 equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero brokers rating the stock a sell with a average stock price target of 259.14EUR.
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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