Zalando (FRA:ZAL) PT Set at €35.00 by UBS Group

UBS Group set a €35.00 ($41.67) price target on Zalando (FRA:ZAL) in a research report released on Tuesday, December 26th, www.boersen-zeitung.de reports. The brokerage currently has a sell rating on the stock.

ZAL has been the subject of a number of other research reports. Commerzbank set a €48.00 ($57.14) target price on shares of Zalando and gave the stock a buy rating in a research report on Tuesday, October 10th. Credit Suisse Group set a €47.50 ($56.55) target price on shares of Zalando and gave the stock a buy rating in a research report on Wednesday, October 4th. Berenberg Bank set a €33.00 ($39.29) target price on shares of Zalando and gave the stock a sell rating in a research report on Monday, October 23rd. Deutsche Bank set a €34.00 ($40.48) target price on shares of Zalando and gave the stock a sell rating in a research report on Monday, October 2nd. Finally, Royal Bank of Canada set a €35.00 ($41.67) target price on shares of Zalando and gave the stock a sell rating in a research report on Monday, October 30th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the company’s stock. Zalando has a consensus rating of Hold and an average target price of €44.93 ($53.48).

Zalando (ZAL) traded up €0.53 ($0.63) during trading hours on Tuesday, hitting €45.03 ($53.61). 303,005 shares of the stock were exchanged. The company has a market cap of $11,120.00 and a P/E ratio of 112.58. Zalando has a one year low of €34.94 ($41.60) and a one year high of €46.35 ($55.18).

COPYRIGHT VIOLATION WARNING: This article was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and international trademark and copyright law. The legal version of this article can be read at https://www.dispatchtribunal.com/2018/01/13/zalando-zal-given-a-35-00-price-target-by-ubs-group-analysts.html.

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)

Receive News & Ratings for Zalando Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zalando and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply