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adidas (ETR:ADS) target price raised to 112.00EUR, issued a report today by Hauck & Aufhäuser Privatbankiers KGaA

Yesterday adidas (ETR:ADS) traded 1.42% higher at 156.95EUR. The company’s 50-day moving average is 211.67EUR and its 200-day moving average is 211.00EUR. The last stock close price is down -0.58% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 436,529 shares of the stock were exchanged, down from an average trading volume of 714,798

adidas (ETR:ADS) had its target price raised to 112.00EUR by Hauck & Aufhäuser Privatbankiers KGaA in a report released 10/16/2016. The new target price indicates a possible downside of -0.29% based on the company's last stock close price.

Previously on 10/15/2016, Hauck & Aufhäuser Privatbankiers KGaA reported about adidas (ETR:ADS) raised 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 52 week low of 176.63EUR and a 52 week high of 303.75EUR with a P/E ratio of 26.11 adidas’s market capitalization is presently 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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