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).
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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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