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Jefferies Keeps Their Buy Rating on adidas AG (0OLD)

Tipranks - Tipranks - Fri May 22, 1:48PM CDT

Jefferies analyst James Grzinic maintained a Buy rating on adidas AG today and set a price target of €190.00.

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According to TipRanks, Grzinic is ranked #2740 out of 12198 analysts.

Currently, the analyst consensus on adidas AG is a Strong Buy with an average price target of €207.56.

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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

Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0OLD in relation to earlier this year.

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