adidas (FRA:ADS) receives €250.00 price target at Jefferies Financial Group
adidas (ENG:ADS – Get a rating) was assigned a price target of €250.00 ($263.16) by equity researchers at Jefferies Financial Group in a report on Friday, Borsen Zeitung reports. Jefferies Financial Group’s price target indicates a potential upside of 37.85% from the current share price.
Several other analysts also commented on the company. Royal Bank of Canada set a price target of €300.00 ($315.79) on adidas in a Monday, April 11 report. Hauck and Aufhaeuser set a price target of €285.00 ($300.00) on adidas in a Thursday, April 21 report. Credit Suisse Group set a price target of €205.00 ($215.79) on adidas in a report on Tuesday, May 3. Baader Bank set a price target of €190.00 ($200.00) on adidas in a report on Friday. Finally, Kepler Capital Markets set a target price of €290.00 ($305.26) on adidas in a Tuesday, January 11 research report. Five research analysts gave the stock a hold rating and five gave the stock a buy rating. According to data from MarketBeat, adidas currently has a consensus rating of “Buy” and a consensus price target of €294.38 ($309.87).
Shares of ADS opened at €181.36 ($190.91) on Friday. adidas has a 12-month low of €163.65 ($172.26) and a 12-month high of €201.01 ($211.59). The stock has a 50-day moving average price of €203.37 and a 200-day moving average price of €238.58.
adidas Company Profile (Get a rating)
adidas AG, together with its subsidiaries, designs, develops, distributes and markets athletic and sports lifestyle products worldwide. It offers shoes; clothes; and accessories and equipment, such as adidas-branded bags and balls. It sells its products in approximately 2,200 directly operated retail stores; single-brand franchise stores and shop-in-shops; and wholesale and its e-commerce channels.
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