ADIDAS AG NA O.N. with ticker code (ADS.DE) now have 35 analysts commenting on the stock. The overall consensus points to a recommendation of ‘buy’. The range between the high target price and low target price is between €231.00 and €126. so the average target price would be €200.14. Given that the previous closing stock price was at €281.60 this now indicates there is a potential downside of -28.9%. The day 50 moving average is €280.99 and the 200 day MA is €281.52. The market capitalisation for the company is €55b. Company Website: 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.
