Zalando (FRA:ZAL) has been given a €40.00 ($46.51) price objective by equities researchers at Goldman Sachs Group in a report issued on Tuesday. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s price target points to a potential upside of 27.92% from the company’s previous close.

Other analysts have also issued research reports about the stock. Commerzbank set a €53.00 ($61.63) price objective on shares of Zalando and gave the stock a “buy” rating in a research report on Wednesday, August 8th. Barclays set a €52.00 ($60.47) price target on shares of Zalando and gave the stock a “buy” rating in a research report on Wednesday, August 8th. Baader Bank set a €56.00 ($65.12) price target on shares of Zalando and gave the stock a “buy” rating in a research report on Tuesday, August 7th. Royal Bank of Canada set a €54.00 ($62.79) price target on shares of Zalando and gave the stock a “buy” rating in a research report on Tuesday, August 7th. Finally, Warburg Research set a €55.00 ($63.95) price target on shares of Zalando and gave the stock a “buy” rating in a research report on Monday, July 23rd. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of €42.11 ($48.97).

Shares of ZAL stock opened at €31.27 ($36.36) on Tuesday. Zalando has a 12 month low of €36.33 ($42.24) and a 12 month high of €49.86 ($57.98).

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.

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Analyst Recommendations for Zalando (FRA:ZAL)

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