Adidas AG - WKN: A1EWWW - ISIN: DE000A1EWWW0 - Course: € 250.600 (Xetra) Even at the beginning of August, Adidas' share had jumped on a new record high at EUR 336.25 before the downward movement, which was already at the support at the end of November252
Analysis flash: Deutsche Bank lifts Adidas to 'Buy' - goal increases to 360 euros
- By sennenqshop/li>
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- 09/02/2023
Frankfurt (dpa -AfX) - Deutsche Bank has upgraded Adidasvon "Hold" to "Buy" and raised the price target from 315 to 360 euros.Analyst Adam Cochrane relies on such companies in the clothing industry in a industry study available on Wednesday.At the same time, he prefers online sales compared to traditional sales channels.The fact that companies make their sales platforms into money is the basis for profit growth.Adidas had exceeded expectations with the numbers for the second quarter and bribe through quality and growth.In addition, the sale of the US brand Reebok Barmittel is rinse into the company's cash register./Bek/ajx
Publication of the original study: 25.08.2021 / time not specified in study / GMT
First passing on the original study: 25.08.2021 / 4:00 a.m. / GMT
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