Zalando (ZAL) Given a €51.00 Price Target at Societe Generale

Societe Generale set a €51.00 ($60.71) target price on Zalando (FRA:ZAL) in a report published on Tuesday morning. The firm currently has a neutral rating on the stock.

A number of other equities analysts have also issued reports on ZAL. 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. Warburg Research set a €53.00 ($63.10) target price on shares of Zalando and gave the stock a buy rating in a research report on Tuesday, October 17th. JPMorgan Chase & Co. set a €35.00 ($41.67) target price on shares of Zalando and gave the stock a neutral rating in a research report on Tuesday, October 3rd. Hauck & Aufhaeuser set a €48.00 ($57.14) target price on shares of Zalando and gave the stock a buy rating in a research report on Wednesday, September 27th. Finally, 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 Wednesday, October 18th. Four analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of €44.93 ($53.48).

Shares of Zalando (ZAL) traded down €0.73 ($0.87) during mid-day trading on Tuesday, hitting €43.81 ($52.15). Zalando has a 52 week low of €34.94 ($41.60) and a 52 week high of €46.35 ($55.18). The stock has a market cap of $10,830.00 and a P/E ratio of 109.53.

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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.

Analyst Recommendations for Zalando (FRA:ZAL)

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