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Bankhaus Metzler Sticks to Their Buy Rating for adidas AG (0OLD)
Bankhaus Metzler analyst maintained a Buy rating on adidas AG today and set a price target of €245.00.
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In addition to Bankhaus Metzler, adidas AG also received a Buy from UBS’s Robert Krankowski in a report issued today. However, yesterday, RBC Capital maintained a Hold rating on adidas AG (LSE: 0OLD).
Based on adidas AG’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €6.63 billion and a net profit of €461 million. In comparison, last year the company earned a revenue of €6.44 billion and had a net profit of €443 million
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- Adidas price target lowered to $137.91 from $149.02 at Bernstein
- Adidas price target lowered to EUR 190 from EUR 220 at Jefferies
- Adidas: Buy Rating Backed by Performance Momentum, Margin Recovery, and International Growth Tailwinds
- 0OLD Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- BNP Paribas remains bearish on Nike as China concerns ‘continue to materialize’
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