Zalando (FRA:ZAL) Given a €42.00 Price Target by The Goldman Sachs Group Analysts

The Goldman Sachs Group set a €42.00 ($42.86) price target on Zalando (FRA:ZALGet Rating) in a research report sent to investors on Monday, Borsen Zeitung reports.

Several other analysts also recently weighed in on the stock. Credit Suisse Group set a €33.00 ($33.67) target price on shares of Zalando in a research report on Friday, November 4th. Royal Bank of Canada set a €35.00 ($35.71) price objective on shares of Zalando in a report on Wednesday, October 19th. Hauck Aufhäuser Investment Banking set a €45.00 ($45.92) price objective on shares of Zalando in a report on Thursday, September 29th. JPMorgan Chase & Co. set a €34.00 ($34.69) price objective on shares of Zalando in a report on Thursday, November 3rd. Finally, Baader Bank set a €30.00 ($30.61) price objective on shares of Zalando in a report on Thursday, November 3rd.

Zalando Price Performance

FRA:ZAL opened at €29.99 ($30.60) on Monday. Zalando has a twelve month low of €36.33 ($37.07) and a twelve month high of €49.86 ($50.88). The company’s 50 day moving average is €24.16 and its two-hundred day moving average is €27.06.

Zalando Company Profile

(Get Rating)

Zalando SE operates an online platform for fashion and lifestyle products. It provides clothing, footwear, accessories, and beauty products with free delivery and returns. The company also sells its products through its Zalando Lounge; and brick-and-mortar outlet stores in Berlin, Frankfurt, Cologne, Leipzig, Hamburg, Hanover, Münster, Stuttgart, Mannheim, and Ulm.

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