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Zacks Investment Research recorded adidas AG (ADR) (NASDAQ:ADDYY), boosting its price target to $97.00 today

In a report announced on Monday October 03, 2016 Zacks Investment Research bumped up the target of adidas AG (ADR) (NASDAQ:ADDYY) to $97.00 reporting a potential upside of 0.12%.

Having a price of $86.53, adidas AG (ADR) (NASDAQ:ADDYY) traded -0.43% lower on the day. The last stock close price is up 20.64% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same period. adidas AG (ADR) has recorded a 50-day average of $85.27 and a two hundred day average of $71.73. 30,087 shares of the stock were exchanged, down from an avg. volume of 177,331

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With a total market value of $0, adidas AG (ADR) has one year low of $41.95 and a one year high of $88.85 with a P/E ratio of 34.32 .

A total of 1 brokerage has issued a ratings update on the stock. 0 equity analysts rating the company a strong buy, zero analysts rating the company a buy, one equity analyst rating the company a hold, 0 brokerages rating the company a underperform, and finally zero brokers rating the stock a sell with a one year target of $71.49.

About 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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