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adidas AG (0OLD) Receives a Buy from Telsey Advisory

Tipranks - Tipranks - Wed May 6, 1:48AM CDT

Telsey Advisory analyst Joe Feldman maintained a Buy rating on adidas AG yesterday. The company’s shares closed yesterday at €141.25.

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Feldman covers the Consumer Cyclical sector, focusing on stocks such as Floor & Decor Holdings, Dick’s Sporting Goods, and Academy Sports and Outdoors. According to TipRanks, Feldman has an average return of 3.4% and a 51.02% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for adidas AG with a €206.32 average price target, implying a 46.07% upside from current levels. In a report released on April 30, Deutsche Bank also maintained a Buy rating on the stock with a €200.00 price target.

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The company has a one-year high of €227.70 and a one-year low of €129.95. Currently, adidas AG has an average volume of 762.1K.

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