adidas AG has a consensus price target of $28.08, established from looking at the 4 latest analyst ratings. The last 3 analyst ratings were released from Bernstein, Wedbush, and Deutsche Bank on June 12, 2023, October 5, 2021, and August 25, 2021. With an average price target of $37.44 between Bernstein, Wedbush, and Deutsche Bank, there's an implied -69.24% downside for adidas AG from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
06/12/2023 | ADDYY | Buy Now | adidas | $121.72 | -7.72% | Bernstein | Aneesha Sherman | $91.63 → $112.32 | Upgrade | Market Perform → Outperform | Get Alert |
10/05/2021 | ADDYY | Buy Now | adidas | $121.72 | — | Wedbush | Tom Nikic | — | Initiates | → Outperform | Get Alert |
08/25/2021 | ADDYY | Buy Now | adidas | $121.72 | — | Deutsche Bank | — | — | Upgrade | Hold → Buy | Get Alert |
07/07/2021 | ADDYY | Buy Now | adidas | $121.72 | — | HSBC | Erwan Rambourg | — | Upgrade | Hold → Buy | Get Alert |
The latest price target for adidas (OTCQX: ADDYY) was reported by Bernstein on June 12, 2023. The analyst firm set a price target for $112.32 expecting ADDYY to fall to within 12 months (a possible NaN% downside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for adidas (OTCQX: ADDYY) was provided by Bernstein, and adidas upgraded their outperform rating.
The last upgrade for adidas AG happened on June 12, 2023 when Bernstein raised their price target to $112.32. Bernstein previously had a market perform for adidas AG.
There is no last downgrade for adidas.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of adidas, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for adidas was filed on June 12, 2023 so you should expect the next rating to be made available sometime around June 12, 2024.
While ratings are subjective and will change, the latest adidas (ADDYY) rating was a upgraded with a price target of $91.63 to $112.32. The current price adidas (ADDYY) is trading at is $undefined, which is out of the analyst’s predicted range.
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