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Warburg Research recorded adidas (ETR:ADS), upping its target price to 162.00EUR today

In a report announced on 09/29/2016 Warburg Research raised the target price of adidas (ETR:ADS) to 162.00EUR reporting a possible upside of 0.04%.

On Wednesday September 28, 2016, Bankhaus Lampe KG released a statement for adidas (ETR:ADS) raised the target price from 0.00EUR to 137.00EUR that suggested a downside of -0.12%.

Yesterday adidas (ETR:ADS) traded 0.74% higher at 155.20EUR. ADS’s 50-day average is 210.01EUR and its two hundred day average is 210.90EUR. With the last close down 1.72% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 659,867 shares of ADS changing hands under the typical 778,334

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adidas (ETR:ADS)

adidas has a PE ratio of 26.71 with a one year low of 176.63EUR and a one year high of 303.75EUR ADS’s total market value is currently 0 EUR.

Also covering adidas's target, a total of 22 equity analysts have released a ratings update on adidas. The 12-month price target is 259.14EUR with 7 brokers rating the stock a strong buy, 14 firms rating the stock a buy, four analysts rating the company a hold, one equity analyst rating the company a underperform, and lastly 0 brokerages rating the stock a sell.

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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