Goldman Sachs Group Analysts Give Zalando (ZAL) a €43.00 Price Target

Goldman Sachs Group set a €43.00 ($51.19) price target on Zalando (FRA:ZAL) in a research report sent to investors on Thursday morning. The firm currently has a neutral rating on the stock.

Other research analysts also recently issued reports about the stock. Warburg Research set a €53.00 ($63.10) target price on shares of Zalando and gave the company a buy rating in a research report on Tuesday, October 17th. Commerzbank set a €47.00 ($55.95) target price on shares of Zalando and gave the company a buy rating in a research report on Wednesday. Kepler Capital Markets set a €50.00 ($59.52) target price on shares of Zalando and gave the company a buy rating in a research report on Friday, October 13th. JPMorgan Chase & Co. set a €35.00 ($41.67) target price on shares of Zalando and gave the company a neutral rating in a research report on Tuesday, October 3rd. Finally, Citigroup set a €53.00 ($63.10) target price on shares of Zalando and gave the company a buy rating in a research report on Wednesday, October 18th. Five analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of €44.36 ($52.81).

Zalando (ZAL) opened at €47.92 ($57.05) on Thursday. Zalando has a 52-week low of €34.94 ($41.60) and a 52-week high of €48.22 ($57.40). The stock has a market cap of $11,980.00 and a PE ratio of 119.80.

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About Zalando

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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