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Enter Symbol:
Rating: ADDYY
Neutral

adidas AG (ADR) (OTCBB: ADDYY) rated to Neutral by Credit Suisse

Tuesday,  Jan 19, 2016  10:25 AM ET by Kristen Bailey

Credit Suisse rated
adidas AG (ADR) (OTCBB: ADDYY) to Neutral.

adidas AG is a Germany-based producer of sportswear and sports equipment. The Company operates globally. adidas AG offers its products through three main brands. The adidas brand covers footwear, apparel and hardware in two segments: the Sport Performance segment develops modern products, focusing on running, football, basketball, tennis and training, and the Sport Style segment is aimed at fashion-conscious consumers. The Reebok brand covers sports and lifestyle products in three segments: the Reebok segment offers footwear and apparel for men and women for sports and street, as well as hardware, such as bags and balls; the Reebok-CCM Hockey segment provides hockey equipment and apparel, and the Rockport segment offers dress, casual and outdoor footwear, and accessories. The TaylorMade-adidas Golf brand covers a range of golf clubs, accessories, footwear and apparel, marketed under the brand names TaylorMade, adidas Golf and Ashworth.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.



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