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Bankhaus Lampe KG announced adidas (ETR:ADS), bumping up its stock price target to 137.00EUR today

Just yesterday adidas (ETR:ADS) traded 0.35% higher at 155.20EUR. adidas’s 50-day moving average is 210.51EUR and its 200-day moving average is 210.86EUR. The last stock price is down 1.59% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 623,784 shares of the stock were exchanged, down from an average trading volume of 799,072

In a report released on 9/28/2016 Bankhaus Lampe KG increased the stock price target of adidas (ETR:ADS) to 137.00EUR reporting a possible downside of -0.12%.

Previously on 9/27/2016, Kepler Cheuvreux released a statement about adidas (ETR:ADS) increased the target price from 0.00EUR to 166.00EUR. At the time, this indicated a possible upside of 0.08%.

See Chart Below

adidas (ETR:ADS)

adidas has a 52 week low of 176.63EUR and a 52 week high of 303.75EUR with a price-earnings ratio of 26.67 ADS’s total market value is presently 0 EUR.

A total of 22 firms have released a research note on adidas. Seven brokerages rating the company a strong buy, fourteen brokers rating the stock a buy, four equity analysts rating the company a hold, 1 firm rating the company a underperform, and finally 0 brokerages rating the stock a sell with a average 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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