ADIDAS AG found using the Ticker (ADS.DE) have now 35 analysts covering the stock pointing to an overall recommendation of ‘buy’. The range between the high target price and low target price is between €231.00 and €126. with the average target price sitting at €200.14. Now with the previous closing price of €322.75 this would imply there is a potential downside of -38.0%. The 50 day MA is €308.43 while the 200 day moving average is €288.71. The market capitalisation for the company is €64b. You can visit the company’s website by visiting: http://www.adidas-group.com
adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. The company operates through ten segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Russia/CIS, Latin America, Emerging Markets, Adidas Golf, Runtastic, and Other Centrally Managed Businesses. It offers footwear; apparel; accessories and gear, such as bags, balls, and fitness equipment; and golf products under the adidas and Reebok brands. The company is also involved in the operation of Runtastic, a digital health and fitness space; and Y-3 label business activities. It sells its products through approximately 2,500 own-retail stores; mono-branded franchise stores; and wholesale distribution, as well as its e-commerce channel. The company was formerly known as adidas-Salomon AG and changed its name to adidas AG in June 2006. adidas AG was founded in 1920 and is headquartered in Herzogenaurach, Germany.
