Zalando (FRA:ZAL) Given a €46.00 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €46.00 ($53.49) price objective on Zalando (FRA:ZAL) in a research report report published on Monday, January 20th, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

ZAL has been the topic of a number of other reports. JPMorgan Chase & Co. set a €30.00 ($34.88) price objective on Zalando and gave the stock a neutral rating in a research report on Thursday, October 31st. Independent Research set a €46.00 ($53.49) price objective on Zalando and gave the company a neutral rating in a research note on Thursday, December 5th. UBS Group set a €35.00 ($40.70) price objective on Zalando and gave the company a sell rating in a research note on Monday, November 11th. Credit Suisse Group set a €50.00 ($58.14) price objective on Zalando and gave the company a buy rating in a research note on Monday, November 4th. Finally, Warburg Research set a €55.00 ($63.95) price objective on Zalando and gave the company a buy rating in a research note on Monday, January 6th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the stock. Zalando has a consensus rating of Hold and an average price target of €43.52 ($50.60).

ZAL stock traded up €0.17 ($0.20) during midday trading on Monday, reaching €47.88 ($55.67). 330,128 shares of the company were exchanged. The business has a 50-day moving average price of €45.44 and a two-hundred day moving average price of €42.64. Zalando has a one year low of €36.33 ($42.24) and a one year high of €49.86 ($57.98).

About Zalando

Zalando SE operates as an online fashion and lifestyle retailer in Europe. It offers a range of products, including shoes, apparel, accessories, and beauty products for women, men, and children. The company also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.

See Also: What are some reasons analysts would give stocks a buy rating?

Analyst Recommendations for Zalando (FRA:ZAL)

Receive News & Ratings for Zalando Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zalando and related companies with MarketBeat.com's FREE daily email newsletter.