Zalando (FRA:ZAL) has been assigned a €43.00 ($51.19) target price by equities researchers at Goldman Sachs Group in a report released on Friday. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group’s price target points to a potential downside of 4.89% from the stock’s current price.

A number of other research firms have also recently weighed in on ZAL. Morgan Stanley set a €55.00 ($65.48) price target on Zalando and gave the stock a “buy” rating in a report on Friday, December 8th. Kepler Capital Markets set a €46.00 ($54.76) price target on Zalando and gave the stock a “neutral” rating in a report on Monday, December 18th. Baader Bank set a €48.00 ($57.14) price target on Zalando and gave the stock a “buy” rating in a report on Wednesday, December 20th. UBS Group set a €35.00 ($41.67) price target on Zalando and gave the stock a “sell” rating in a report on Monday. Finally, Commerzbank set a €47.00 ($55.95) price target on Zalando and gave the stock a “buy” rating in a report on Thursday, December 7th. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company. Zalando has a consensus rating of “Hold” and a consensus price target of €45.08 ($53.66).

Shares of Zalando (FRA ZAL) opened at €45.21 ($53.82) on Friday. The firm has a market cap of $11,160.00 and a P/E ratio of 113.03. Zalando has a one year low of €34.94 ($41.60) and a one year high of €46.35 ($55.18).

COPYRIGHT VIOLATION WARNING: “Zalando (ZAL) Given a €43.00 Price Target by Goldman Sachs Group Analysts” was originally reported by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this story can be viewed at https://www.americanbankingnews.com/2018/01/05/zalando-zal-given-a-43-00-price-target-by-goldman-sachs-group-analysts.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.