Zalando (FRA:ZAL) received a €35.00 ($41.67) target price from analysts at UBS Group in a research report issued on Wednesday, December 20th, www.boersen-zeitung.de reports. The brokerage presently has a “sell” rating on the stock. UBS Group’s target price would suggest a potential downside of 22.27% from the company’s current price.
A number of other equities research analysts have also weighed in on ZAL. Stifel Nicolaus set a €45.00 ($53.57) target price on Zalando and gave the company a “buy” rating in a research note on Friday, August 25th. Goldman Sachs Group set a €43.00 ($51.19) target price on Zalando and gave the company a “neutral” rating in a research note on Thursday, September 7th. equinet set a €48.00 ($57.14) price target on Zalando and gave the company a “buy” rating in a research report on Monday, September 11th. Baader Bank set a €48.00 ($57.14) price target on Zalando and gave the company a “buy” rating in a research report on Monday, September 25th. Finally, Hauck & Aufhaeuser set a €48.00 ($57.14) price target on Zalando and gave the company a “buy” rating in a research report on Wednesday, September 27th. 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 company’s stock. Zalando has an average rating of “Hold” and an average target price of €44.93 ($53.48).
Zalando (ZAL) opened at €45.03 ($53.61) on Wednesday. Zalando has a fifty-two week low of €34.94 ($41.60) and a fifty-two week high of €46.35 ($55.18). The stock has a market capitalization of $11,120.00 and a PE ratio of 112.58.
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Zalando Company Profile
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.
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