Zalando (ZAL) Given a €35.00 Price Target at JPMorgan Chase & Co.

JPMorgan Chase & Co. set a €35.00 ($41.67) target price on Zalando (FRA:ZAL) in a research report released on Wednesday morning. The brokerage currently has a neutral rating on the stock.

A number of other brokerages have also issued reports on ZAL. Commerzbank set a €47.00 ($55.95) target price on Zalando and gave the stock a buy rating in a research note on Wednesday. Goldman Sachs Group set a €43.00 ($51.19) target price on Zalando and gave the stock a neutral rating in a research note on Friday, January 5th. Citigroup set a €56.00 ($66.67) target price on Zalando and gave the stock a buy rating in a research note on Tuesday. Societe Generale set a €51.00 ($60.71) target price on Zalando and gave the stock a neutral rating in a research note on Tuesday, January 9th. Finally, Morgan Stanley set a €55.00 ($65.48) target price on Zalando and gave the stock a buy rating in a research note on Friday, December 8th. Five investment analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the stock. Zalando presently has a consensus rating of Hold and a consensus target price of €44.36 ($52.81).

Zalando (FRA:ZAL) traded up €0.63 ($0.75) during trading on Wednesday, hitting €47.32 ($56.33). The stock had a trading volume of 632,166 shares. The firm has a market cap of $11,780.00 and a PE ratio of 118.30. Zalando has a 52-week low of €34.94 ($41.60) and a 52-week high of €47.23 ($56.23).

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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.

Analyst Recommendations for Zalando (FRA:ZAL)

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