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DZ BANK AG Sticks to Their Buy Rating for adidas AG (0OLD)

Tipranks - Tipranks - Sun Mar 8, 8:50PM CDT

In a report released on March 6, Thomas Maul from DZ BANK AG maintained a Buy rating on adidas AG. The company’s shares closed last Friday at €142.70.

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Maul covers the Consumer Cyclical sector, focusing on stocks such as HelloFresh SE, Zalando, and PUMA SE NPV. According to TipRanks, Maul has an average return of 3.9% and a 47.62% success rate on recommended stocks.

In addition to DZ BANK AG, adidas AG also received a Buy from Citi’s Monique Pollard in a report issued on March 6. However, on March 5, TipRanks – OpenAI reiterated a Hold rating on adidas AG (LSE: 0OLD).

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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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