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adidas AG (0OLD) Receives a Hold from RBC Capital
RBC Capital analyst Piral Dadhania maintained a Hold rating on adidas AG today and set a price target of €170.00.
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According to TipRanks, Dadhania is ranked #12018 out of 12175 analysts.
In addition to RBC Capital, adidas AG also received a Hold from Berenberg Bank’s Nick Anderson CFA in a report issued on April 30. However, yesterday, Telsey Advisory maintained a Buy rating on adidas AG (LSE: 0OLD).
Based on adidas AG’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €6.59 billion and a net profit of €482 million. In comparison, last year the company earned a revenue of €6.15 billion and had a net profit of €428 million
Read More on GB:0OLD:
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- Adidas price target lowered to EUR 175 from EUR 180 at HSBC
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- UC3 confirms exclusive negotiations with Nike on UEFA official match ball
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