▲ +2.73% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for adidas in the last 3 months. The average price target is €278.91, with a high forecast of €338.00 and a low forecast of €215.00. The average price target represents a 2.73% upside from the last price of €271.50.
The current consensus among 11 investment analysts is to hold stock in adidas. This rating has held steady since June 2019, when it changed from a Buy consensus rating.
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.