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 note issued to investors on Monday, Borsen Zeitung reports.

Other equities analysts have also recently issued reports about the stock. Royal Bank of Canada set a €35.00 ($35.71) price objective on shares of Zalando in a research note on Wednesday, October 19th. JPMorgan Chase & Co. set a €34.00 ($34.69) price objective on shares of Zalando in a research note on Thursday, November 3rd. UBS Group set a €48.00 ($48.98) price objective on shares of Zalando in a research note on Thursday, November 3rd. Deutsche Bank Aktiengesellschaft set a €28.00 ($28.57) price objective on shares of Zalando in a research note on Friday, November 4th. Finally, Hauck Aufhäuser Investment Banking set a €45.00 ($45.92) price objective on shares of Zalando in a research note on Thursday, September 29th.

Zalando Price Performance

Shares of FRA:ZAL opened at €29.99 ($30.60) on Monday. Zalando has a 52 week low of €36.33 ($37.07) and a 52 week high of €49.86 ($50.88). The firm has a fifty day simple moving average of €24.16 and a two-hundred day simple moving average of €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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