XTRA:ADSLuxury
Assessing adidas (XTRA:ADS) Valuation After Bank Of America Downgrade And Growing Rival Competition
Bank of America downgrade puts adidas (XTRA:ADS) under closer investor scrutiny
Bank of America’s rare sell rating on adidas (XTRA:ADS), tied to concerns about slowing growth and stronger competition, pushed the shares lower and has prompted investors to reassess the stock’s risk and reward trade off.
See our latest analysis for adidas.
With the share price at €167.40, adidas has seen a 3.72% 1 month share price return but a 10.72% 3 month share price decline, while the 1 year total...