ADIDAS AG NA O.N. with ticker code (ADS.DE) now have 35 analysts reporting on the stock, giving a consensus recommendation of ‘buy’. The target price ranges between €231.00 and €126. with the average target price sitting at €200.14. With the stocks previous close at €298.50 this now indicates there is a potential downside of -33.0%. There is a 50 day moving average of €279.66 and the 200 moving average now moves to €282.34. The company has a market capitalisation of €58b. 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.
