Zalando (ZAL) Given a €56.00 Price Target at Citigroup

Citigroup set a €56.00 ($66.67) price objective on Zalando (FRA:ZAL) in a research report sent to investors on Tuesday morning. The brokerage currently has a buy rating on the stock.

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.

ILLEGAL ACTIVITY WARNING: “Zalando (ZAL) Given a €56.00 Price Target at Citigroup” was reported by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this story on another website, it was illegally copied and reposted in violation of international trademark and copyright laws. The correct version of this story can be viewed at https://sportsperspectives.com/2018/01/20/zalando-zal-given-a-56-00-price-target-at-citigroup.html.

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)

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.

Latest News

Leave a Reply