Adidas shares went out of trading on Thursday as the Dax leader. There is apparently still a spirit of optimism among investors: Even weaker in the morning, the papers turned up in the afternoon and reached the highest level in a month. At the end of trading, there was still an increase of almost three percent to EUR 151.86, with the shares continuing their good run recently. Since the interim low at the end of February, they have gained more than twelve percent.
The day before, the 2022 balance sheet had not dulled the apparently new desire to buy for the sporting goods manufacturer: Investors had boldly grabbed it again during the day, even though the group reported a slump in profits and a massive dividend cut. On Thursday, individual analysts made positive comments.
Stifel expert Cedric Lecasble, for example, raised his assumptions because of the recently stronger sales dynamics, and he also emphasized the confident tone of the new company director Björn Gulden at his first public appearance. Analyst Olivia Townsend from the US bank JPMorgan made a similar statement, who believes the share will continue to rise to 162 euros – she wrote in this context of “Gulden Days”.(dpa)