Other research analysts have also recently issued reports about the stock. 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. Kepler Capital Markets set a €50.00 ($59.52) price target on shares of Zalando and gave the stock a buy rating in a research note on Friday, October 13th. JPMorgan Chase & Co. set a €35.00 ($41.67) price target on shares of Zalando and gave the stock a neutral rating in a research note on Tuesday, October 3rd. Goldman Sachs Group set a €43.00 ($51.19) price target on shares of Zalando and gave the stock a neutral rating in a research note on Wednesday, November 8th. Finally, Societe Generale set a €51.00 ($60.71) price target on shares of Zalando and gave the stock a neutral rating in a research note on Tuesday, January 9th. Five investment analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of €44.36 ($52.81).
Zalando (ZAL) opened at €47.92 ($57.05) on Tuesday. Zalando has a 12-month low of €34.94 ($41.60) and a 12-month high of €48.22 ($57.40). The company has a market cap of $11,980.00 and a price-to-earnings ratio of 119.80.
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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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