Adidas: well oriented with a broker raise

Adidas: well oriented with a broker raise

Login to save this article and read it later.

(CercleFinance.com) – Adidas is climbing more than 4% in Frankfurt, with the support of UBS, which is raising its recommendation from ‘neutral’ to ‘buy’ with a price target of 268 to 338 euros on the German sports goods provider’s stock.

Cleaned-up stocks after a tough 2020, new product launches and a roadmap for margin expansion at the March Investor’s Day, offer an upside opportunity, » the broker said.

Copyright (c) 2021 Cercle Finance. The information and analysis disseminated by Cercle Finance are only a decision-making aid for investors. Cercle Finance cannot be held responsible directly or indirectly as a result of the use of information and analysis by readers. It is recommended to any uninformed person to consult a professional adviser before any investment. This indicative information does not constitute in any way an incitement to sell or a solicitation to buy.

Report comment

Report comment

Adidas: well oriented with a broker raise
4.9 (98%) 32 votes