Adidas: UBS raises target price
(CercleFinance.com) - UBS reiterates its buy recommendation on the stock and raises its target price for it to E289 (from E280), representing a 13% upside potential.
In our view, adidas can maintain sales momentum of around 10% beyond 2025, with a recovery in market share in North America, and achieve a Group EBIT margin in excess of 10%, UBS says.
The solid Q4 results validate the strategy implemented by Bjorn Gulden, who has been at the helm of the Group since 2022. Bjorn Gulden was positive about his Group, which he sees gaining share in all its markets.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
In our view, adidas can maintain sales momentum of around 10% beyond 2025, with a recovery in market share in North America, and achieve a Group EBIT margin in excess of 10%, UBS says.
The solid Q4 results validate the strategy implemented by Bjorn Gulden, who has been at the helm of the Group since 2022. Bjorn Gulden was positive about his Group, which he sees gaining share in all its markets.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.