Zacks Investment Research downgraded adidas AG (ADR) (NASDAQ:ADDYY) to Hold in a report released today.
- Updated: September 27, 2016
Only yesterday adidas AG (ADR) (NASDAQ:ADDYY) traded -0.38% lower at $86.04. adidas AG (ADR)’s 50-day average is $85.05 and its two hundred day moving average is $70.86. The last stock close price is up 21.42% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 76,981 shares of ADDYY changing hands under the typical 189,689
Zacks Investment Research has downgraded adidas AG (ADR) (NASDAQ:ADDYY) to Hold in a statement released on 09/27/2016.
Recent Performance Chart
adidas AG (ADR) has a 52 week low of $39.97 and a one year high of $88.85 with a price-earnings ratio of 34.33 ADDYY’s total market value is presently $0.
In addition to Zacks Investment Research reporting its target price, a total of 1 broker has issued a report on the company. The one year target is $71.49 with zero analysts rating the company a strong buy, 0 brokers rating the company a buy, one firm rating the stock a hold, zero analysts rating the company a underperform, and lastly zero brokerages rating the company a sell.
General Company Details For adidas AG (ADR) (NASDAQ:ADDYY)
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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