ADIDAS AG NA O.N. – Consensus Indicates Potential -30.9% Downside

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ADIDAS AG NA O.N. found using the Ticker (ADS.DE) now have 35 analysts providing opinions on the stock. The overall opinion of which is a ‘buy’. The target price ranges between €231.00 and €126. meaning the average target price is €200.14. Now with the previous closing price of €289.50 this is indicating there is a potential downside of -30.9%. There is a 50 day moving average of €284.22 while the 200 day moving average is €279.19. The market capitalisation for the company is €56b. Find out more information at: http://www.adidas-group.com

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. The company operates in 10 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; and hardware, such as bags, balls, and fitness equipment 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; 15,000 mono-branded franchise stores; and 150,000 wholesale doors, 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.

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