Baader Wertpapierhandelsbank disclosed adidas (ETR:ADS), hiking its price target to 160.00EUR earlier today
- Updated: October 18, 2016
Reporting a potential upside of 0.01%, Baader Wertpapierhandelsbank upped the price target of adidas (ETR:ADS) to 160.00EUR
On 10/17/2016, Citigroup Corp. released a statement about adidas (ETR:ADS) upped the target price from 0.00EUR to 120.00EUR that suggested a downside of -0.23%.
Having a price of 157.65EUR, adidas (ETR:ADS) traded 2.24% higher on the day. With the last stock price down 0.14% 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 212.24EUR and a two hundred day average of 210.78EUR. Trade Volume was down over the average, with 461,167 shares of ADS changing hands under the typical 707,702
Recent Performance Chart
adidas has 52 week low of 176.63EUR and a 52 week high of 303.75EUR with a PE ratio of 26.28 and has a market capitalization of 0 EUR.
Also covering adidas's target, a total of 22 equity analysts have released a ratings update on the company. The average stock price target is 259.14EUR with 7 analysts rating the company a strong buy, fourteen analysts rating the company a buy, four brokerages rating the company a hold, one equity analyst rating the company a underperform, and lastly zero equity analysts rating the company a sell.
More 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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