Societe Generale set a €51.00 ($62.96) target price on Zalando (FRA:ZAL) in a research report report published on Tuesday, January 9th. The brokerage currently has a neutral rating on the stock.
Other analysts have also recently issued reports about the stock. Hauck & Aufhaeuser set a €48.00 ($59.26) price objective on shares of Zalando and gave the company a buy rating in a research note on Wednesday, September 27th. Baader Bank set a €48.00 ($59.26) price objective on shares of Zalando and gave the company a buy rating in a research note on Monday, September 25th. equinet set a €48.00 ($59.26) price target on shares of Zalando and gave the stock a buy rating in a research report on Monday, September 11th. Warburg Research set a €53.00 ($65.43) price target on shares of Zalando and gave the stock a buy rating in a research report on Tuesday, October 17th. Finally, Kepler Capital Markets set a €50.00 ($61.73) price target on shares of Zalando and gave the stock a buy rating in a research report on Friday, October 13th. Five investment analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company. Zalando has a consensus rating of Hold and an average target price of €44.98 ($55.53).
Shares of Zalando (FRA ZAL) traded down €0.97 ($1.20) during midday trading on Tuesday, hitting €46.27 ($57.12). 242,110 shares of the stock traded hands. Zalando has a one year low of €35.49 ($43.81) and a one year high of €49.86 ($61.56). The stock has a market cap of $11,470.00 and a PE ratio of 115.68.
ILLEGAL ACTIVITY WARNING: “Societe Generale Reiterates €51.00 Price Target for Zalando (FRA:ZAL)” was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this news story on another site, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2018/02/03/societe-generale-analysts-give-zalando-zal-a-51-00-price-target.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.
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.