Goldman Sachs Group Analysts Give Zalando (FRA:ZAL) a €43.00 Price Target
Goldman Sachs Group set a €43.00 ($50.00) price target on Zalando (FRA:ZAL) in a report issued on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
ZAL has been the topic of several other research reports. UBS Group set a €34.00 ($39.53) price target on shares of Zalando and gave the company a neutral rating in a research report on Wednesday, March 20th. Hauck & Aufhaeuser set a €45.00 ($52.33) price target on shares of Zalando and gave the company a buy rating in a research report on Monday, April 15th. Deutsche Bank set a €34.00 ($39.53) price objective on shares of Zalando and gave the stock a neutral rating in a report on Monday, March 11th. Warburg Research set a €44.00 ($51.16) price objective on shares of Zalando and gave the stock a neutral rating in a report on Wednesday, April 17th. Finally, Independent Research set a €40.00 ($46.51) price objective on shares of Zalando and gave the stock a neutral rating in a report on Tuesday, April 16th. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of €36.91 ($42.92).
Shares of FRA ZAL opened at €40.51 ($47.10) on Friday. Zalando has a 1 year low of €36.33 ($42.24) and a 1 year high of €49.86 ($57.98). The company’s 50-day moving average is €37.44.
Zalando SE operates as an online fashion and lifestyle retailer in Europe. It offers a range of products, including shoes, apparel, accessories, and beauty products for women, men, and children. The company also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.
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