Kepler Capital Remains a Buy on adidas AG (0OLD)
In a report released on January 30, Jurgen Kolb from Kepler Capital maintained a Buy rating on adidas AG, with a price target of €268.00. The company’s shares closed last Friday at €149.15.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Kolb covers the Consumer Cyclical sector, focusing on stocks such as Hugo Boss, PUMA SE NPV, and TUI AG. According to TipRanks, Kolb has an average return of 1.3% and a 47.06% success rate on recommended stocks.
Currently, the analyst consensus on adidas AG is a Strong Buy with an average price target of €222.84, which is a 49.41% upside from current levels. In a report released on January 30, Deutsche Bank also maintained a Buy rating on the stock with a €230.00 price target.
The company has a one-year high of €263.80 and a one-year low of €142.55. Currently, adidas AG has an average volume of 612.3K.
Read More on GB:0OLD:
Disclaimer & DisclosureReport an Issue
- Adidas board announces EUR 1B share buyback
- Adidas reports Q4 preliminary revenue EUR 6.08B, operating profit EUR 164M
- Adidas downgraded to Sector Perform from Outperform at RBC Capital
- Adidas initiated with an Outperform at Grupo Santander
- Adidas price target raised to $146.02 from $127.09 at Bernstein
