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adidas AG (0OLD) Receives a Buy from Kepler Capital

Tipranks - Fri Mar 6, 7:50PM CST

In a report released on March 4, 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 Wednesday at €141.80.

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According to TipRanks, Kolb is an analyst with an average return of -1.1% and a 41.03% success rate. Kolb covers the Consumer Cyclical sector, focusing on stocks such as Hugo Boss, TUI AG, and PUMA SE NPV.

In addition to Kepler Capital , adidas AG also received a Buy from UBS’s Robert Krankowski in a report issued yesterday. However, on the same day, TipRanks – Google reiterated a Hold rating on adidas AG (LSE: 0OLD).

Based on adidas AG’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €6.08 billion and a net profit of €81 million. In comparison, last year the company earned a revenue of €5.97 billion and had a GAAP net loss of €39 million

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