Zalando (FRA:ZAL) received a €43.00 ($51.19) target price from investment analysts at Goldman Sachs Group in a note issued to investors on Friday, January 5th. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective points to a potential downside of 4.51% from the company’s current price.
Other equities analysts also recently issued reports about the company. Hauck & Aufhaeuser set a €48.00 ($57.14) price target on Zalando and gave the stock a “buy” rating in a research report on Wednesday, September 27th. Baader Bank set a €48.00 ($57.14) target price on Zalando and gave the company a “buy” rating in a research report on Monday, September 25th. equinet set a €48.00 ($57.14) target price on Zalando and gave the company a “buy” rating in a research report on Monday, September 11th. Warburg Research set a €53.00 ($63.10) target price on Zalando and gave the company a “buy” rating in a research report on Tuesday, October 17th. Finally, Kepler Capital Markets set a €50.00 ($59.52) target price on Zalando and gave the company a “buy” rating in a research report on Friday, October 13th. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of €44.93 ($53.48).
Zalando (FRA:ZAL) opened at €45.03 ($53.61) on Friday. The stock has a market capitalization of $11,120.00 and a price-to-earnings ratio of 112.58. Zalando has a 12-month low of €34.94 ($41.60) and a 12-month high of €46.35 ($55.18).
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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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