adidas (ETR:ADS) target price raised to 160.00EUR, reported today by Baader Wertpapierhandelsbank
- Updated: October 3, 2016
adidas (ETR:ADS) had its target price raised to 160.00EUR by Baader Wertpapierhandelsbank in a report released 10/3/2016. The new target price indicates a possible upside of 0.03% based on the company's last stock close price.
Previously on Sunday October 02, 2016, Kepler Cheuvreux reported about adidas (ETR:ADS) raised the target price from 0.00EUR to 166.00EUR. At the time, this indicated a possible upside of 0.07%.
Yesterday adidas (ETR:ADS) traded 1.10% higher at 154.60EUR. adidas’s 50-day average is 209.95EUR and its two hundred day average is 210.97EUR. With the last close down 2.81% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 531,572 shares of ADS changing hands under the typical 776,228
With a total market value of 0 EUR, adidas has price-earnings ratio of 27.00 with a one year low of 176.63EUR and a one year high of 303.75EUR .
A total of 22 equity analysts have released a research note on ADS. Seven brokerages rating the stock a strong buy, 14 brokerages rating the stock a buy, 4 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of 259.14EUR.
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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