UBS AG analyst Zuzanna Pusz conducted a thorough analysis of the adidas paper.
According to preliminary figures for 2023, the major Swiss bank UBS has left Adidas’ rating at “Buy” with a price target of 203 euros. The sports fashion manufacturer’s business outlook is disappointing, wrote analyst Zuzanna Pusz in a study available on Thursday.
Trading volume and more: This is how adidas shares are developing at the time of analysis
The adidas share was trading at EUR 166.16 in XETRA trading at 11:21 a.m. with a discount of 5.7 percent. This means that the stock still has an upside potential of 22.17 percent based on the set price target. Most recently, 1,030,029 adidas shares changed hands. Since the beginning of 2024, the share price has fallen by 9.8 percent. adidas is expected to give investors an insight into the quarterly balance sheet for Q4 2023 on March 13, 2024.
ZURICH (dpa-AFX Analyzer) / editorial team finanzen.net
Publication of the original study: 02/01/2024 / 07:37 / GMT
First distribution of the original study: February 1, 2024 / 07:37 / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 Para. 1 WpHG, Art. 20 Regulation (EU) 596/2014 for the analyst firm mentioned can be found at http://web.dpa-afx.de/offenstellenpflicht/ disclosure_duty.html.
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