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DBS Remains a Buy on adidas AG (0OLD)

Tipranks - Tipranks - Tue Mar 24, 1:10AM CDT

In a report released on March 20, Alison Fok from DBS maintained a Buy rating on adidas AG, with a price target of €195.00. The company’s shares closed last Friday at €133.50.

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Fok covers the Consumer Cyclical sector, focusing on stocks such as Li Ning Company, ANTA Sports Products, and Stella International Holdings Limited. According to TipRanks, Fok has an average return of 6.2% and a 61.54% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for adidas AG with a €211.51 average price target, which is a 58.43% upside from current levels. In a report released on March 18, Bernstein also maintained a Buy rating on the stock with a €255.00 price target.

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The company has a one-year high of €227.70 and a one-year low of €131.40. Currently, adidas AG has an average volume of 801.1K.

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