UBS AG Reiterates “€35.00” Price Target for Zalando SE (ZAL)

UBS AG set a €35.00 ($40.70) price objective on Zalando SE (FRA:ZAL) in a research report released on Tuesday, www.boersen-zeitung.de reports. The firm currently has a sell rating on the stock.

Other analysts also recently issued research reports about the stock. equinet AG set a €48.00 ($55.81) price objective on shares of Zalando SE and gave the stock a buy rating in a report on Thursday, August 10th. Macquarie set a €52.00 ($60.47) price objective on shares of Zalando SE and gave the stock a buy rating in a report on Friday, August 11th. Berenberg Bank set a €33.00 ($38.37) price objective on shares of Zalando SE and gave the stock a sell rating in a report on Friday, August 11th. Kepler Capital Markets set a €44.00 ($51.16) price objective on shares of Zalando SE and gave the stock a buy rating in a report on Friday, August 11th. Finally, Hauck & Aufhaeuser set a €48.00 ($55.81) price objective on shares of Zalando SE and gave the stock a buy rating in a report on Friday, August 18th. Four equities research analysts have rated the stock with a sell rating, two have issued a hold rating and fourteen have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of €44.90 ($52.21).

Shares of Zalando SE (FRA:ZAL) opened at €40.59 ($47.19) on Tuesday. Zalando SE has a 1-year low of €33.81 ($39.31) and a 1-year high of €45.37 ($52.76).

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