Societe Generale Reiterates “€51.00” Price Target for Zalando (ZAL)

Societe Generale set a €51.00 ($60.71) price objective on Zalando (FRA:ZAL) in a research report released on Tuesday. The firm currently has a neutral rating on the stock.

Several other equities analysts have also commented on the stock. Morgan Stanley set a €55.00 ($65.48) price objective on shares of Zalando and gave the company a buy rating in a research report on Friday, December 8th. Goldman Sachs Group set a €43.00 ($51.19) price objective on shares of Zalando and gave the company a neutral rating in a research report on Thursday, October 19th. Credit Suisse Group set a €45.00 ($53.57) price objective on shares of Zalando and gave the company a buy rating in a research report on Monday, November 13th. equinet set a €48.00 ($57.14) price objective on shares of Zalando and gave the company a buy rating in a research report on Monday, September 11th. Finally, Commerzbank set a €48.00 ($57.14) target price on shares of Zalando and gave the stock a buy rating in a report on Tuesday, October 10th. Four analysts have rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of €44.93 ($53.48).

Zalando (ZAL) opened at €45.03 ($53.61) on Tuesday. Zalando has a 12-month low of €34.94 ($41.60) and a 12-month high of €46.35 ($55.18). The company has a market cap of $11,120.00 and a price-to-earnings ratio of 112.58.

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About Zalando

Zalando SE operates as an online fashion retailer in Europe. The company offers a range of products, including clothes, shoes, and accessories for women, men, and children. Zalando SE also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.

Analyst Recommendations for Zalando (FRA:ZAL)

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