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

Societe Generale set a €51.00 ($60.71) price target on Zalando (FRA:ZAL) in a research report sent to investors on Tuesday, January 9th. The firm currently has a neutral rating on the stock.

Several other analysts have also issued reports on the stock. Goldman Sachs Group set a €43.00 ($51.19) target price on shares of Zalando and gave the company a neutral rating in a research report on Friday, January 5th. UBS Group set a €35.00 ($41.67) target price on shares of Zalando and gave the company a sell rating in a research report on Monday, January 1st. Baader Bank set a €48.00 ($57.14) price target on shares of Zalando and gave the stock a buy rating in a research report on Tuesday, December 26th. Kepler Capital Markets set a €46.00 ($54.76) price target on shares of Zalando and gave the stock a neutral rating in a research report on Monday, December 18th. Finally, Morgan Stanley set a €55.00 ($65.48) price target on shares of Zalando and gave the stock a buy rating in a research report on Friday, December 8th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of €45.08 ($53.66).

Shares of Zalando (FRA:ZAL) traded up €2.10 ($2.50) during midday trading on Tuesday, reaching €46.69 ($55.58). 700,215 shares of the company traded hands. The company has a market capitalization of $11,580.00 and a price-to-earnings ratio of 116.73. Zalando has a 12 month low of €34.94 ($41.60) and a 12 month high of €46.68 ($55.57).

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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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