adidas AG (FRA:ADS) Given a €200.00 Price Target at Deutsche Bank AG

Deutsche Bank AG set a €200.00 ($235.29) price target on adidas AG (FRA:ADS) in a research note published on Monday, July 24th. The brokerage currently has a buy rating on the stock.

A number of other research analysts have also recently weighed in on the stock. HSBC Holdings plc set a €210.00 ($247.06) price objective on shares of adidas AG and gave the company a buy rating in a research report on Wednesday, July 5th. Nord/LB set a €198.00 ($232.94) price objective on shares of adidas AG and gave the company a neutral rating in a research report on Thursday, June 29th. J P Morgan Chase & Co set a €185.00 ($217.65) price objective on shares of adidas AG and gave the company a neutral rating in a research report on Thursday, July 20th. Commerzbank Ag set a €218.00 ($256.47) price objective on shares of adidas AG and gave the company a buy rating in a research report on Friday, June 16th. Finally, Baader Bank set a €210.00 ($247.06) price objective on shares of adidas AG and gave the company a buy rating in a research report on Tuesday, March 28th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of €196.26 ($230.90).

Shares of adidas AG (FRA:ADS) traded down 1.19% during midday trading on Monday, hitting €189.19. 3,420 shares of the stock were exchanged. The firm has a 50-day moving average of €183.77 and a 200-day moving average of €173.79. adidas AG has a 1-year low of €130.00 and a 1-year high of €201.01. The company has a market capitalization of €38.32 billion and a P/E ratio of 38.86.

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