Zalando (ZAL) Given a €34.00 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a €34.00 ($39.53) price objective on Zalando (FRA:ZAL) in a research note released on Thursday, February 28th. The firm currently has a neutral rating on the stock.

Other equities analysts have also issued research reports about the company. Credit Suisse Group set a €38.00 ($44.19) price target on Zalando and gave the company a buy rating in a research report on Tuesday, November 6th. Royal Bank of Canada set a €42.00 ($48.84) price target on Zalando and gave the company a buy rating in a research report on Tuesday, November 6th. Baader Bank set a €56.00 ($65.12) price target on Zalando and gave the company a buy rating in a research report on Tuesday, November 6th. Barclays set a €50.00 ($58.14) price objective on Zalando and gave the stock a buy rating in a research report on Tuesday, November 6th. Finally, Morgan Stanley set a €44.00 ($51.16) price objective on Zalando and gave the stock a buy rating in a research report on Monday, November 5th. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of €35.15 ($40.87).

Shares of FRA:ZAL traded up €0.85 ($0.99) during midday trading on Thursday, reaching €35.04 ($40.74). The company had a trading volume of 390,374 shares. Zalando has a 1-year low of €36.33 ($42.24) and a 1-year high of €49.86 ($57.98).

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.

Featured Story: How Do Front-End Loads Impact an Investment?

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.