Kepler Capital analyst Arnaud Girod maintained a Buy rating on Adidas (OTC:ADDYY) on Tuesday, setting a price target of EUR317, which is approximately 139.34% above the present share price of $155.39.
Girod expects Adidas to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Adidas, with an average price target of $277.95.
The analysts price targets range from a high of $371.9 to a low of $184.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $5.55 billion and a net profit of $334 million. The company's market cap is $60.6 billion.
According to TipRanks.com, Kepler Capital analyst Arnaud Girod is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -1.2% and a 48.26% success rate.
adidas AG engages in design, distribution, and marketing of athletic and sporting lifestyle products. It operates through the following segments: Europe, North America, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, adidas Golf, Runtastic, and Other Businesses. The adidas Golf segment distribute and sell Adidas golf brand products. The Runtastic segment provides ecosystem for tracking and managing health and fitness data. The Other Businesses segment consists activities of the Y-3 label. The company was founded by Adolf Dassler in 1920 and is headquartered in Herzogenaurach, Germany.