Zalando (FRA:ZAL) has been given a €51.00 ($60.71) price target by analysts at Societe Generale in a report issued on Tuesday. The firm currently has a “neutral” rating on the stock. Societe Generale’s price target points to a potential upside of 13.33% from the stock’s previous close.

A number of other research analysts also recently issued reports on the company. Morgan Stanley set a €55.00 ($65.48) price objective on Zalando and gave the stock a “buy” rating in a report on Friday, December 8th. Goldman Sachs Group set a €43.00 ($51.19) price objective on Zalando and gave the stock a “neutral” rating in a report on Thursday, October 19th. Credit Suisse Group set a €45.00 ($53.57) price objective on Zalando and gave the stock a “buy” rating in a report on Monday, November 13th. equinet set a €48.00 ($57.14) price objective on Zalando and gave the stock a “buy” rating in a report on Monday, September 11th. Finally, Commerzbank set a €48.00 ($57.14) price objective on Zalando and gave the stock a “buy” rating in a report on Tuesday, October 10th. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the company’s stock. Zalando currently has an average rating of “Hold” and a consensus target price of €44.93 ($53.48).

Zalando (FRA:ZAL) opened at €45.00 ($53.57) on Tuesday. The stock has a market capitalization of $11,140.00 and a PE ratio of 112.50. Zalando has a fifty-two week low of €34.94 ($41.60) and a fifty-two week high of €46.35 ($55.18).

TRADEMARK VIOLATION WARNING: “Societe Generale Analysts Give Zalando (ZAL) a €51.00 Price Target” was published by Watch List News and is the property of of Watch List News. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this piece of content can be read at https://www.watchlistnews.com/societe-generale-analysts-give-zalando-zal-a-51-00-price-target/1799402.html.

About Zalando

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.