Zalando SE (FRA:ZAL) has received a consensus rating of “Hold” from the twenty-one brokerages that are covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is €45.32 ($55.95).
ZAL has been the subject of several recent analyst reports. UBS Group set a €35.00 ($43.21) price objective on Zalando and gave the stock a “sell” rating in a report on Wednesday, December 20th. Berenberg Bank set a €33.00 ($40.74) price objective on Zalando and gave the stock a “sell” rating in a report on Monday, October 23rd. Credit Suisse Group set a €45.00 ($55.56) price objective on Zalando and gave the stock a “buy” rating in a report on Monday, November 13th. Deutsche Bank set a €34.00 ($41.98) price objective on Zalando and gave the stock a “sell” rating in a report on Wednesday, October 18th. Finally, Goldman Sachs Group set a €43.00 ($53.09) price objective on Zalando and gave the stock a “neutral” rating in a report on Friday, January 5th.
Zalando (ZAL) opened at €44.21 ($54.58) on Friday. Zalando has a twelve month low of €35.49 ($43.81) and a twelve month high of €49.86 ($61.56). The company has a market capitalization of $11,140.00 and a PE ratio of 110.53.
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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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