Zalando (FRA:ZAL) Given a €35.00 Price Target by The Goldman Sachs Group Analysts

The Goldman Sachs Group set a €35.00 ($35.71) price objective on Zalando (FRA:ZALGet Rating) in a research report sent to investors on Thursday, Borsen Zeitung reports.

Several other research analysts have also commented on the company. Barclays set a €28.00 ($28.57) price target on Zalando in a research report on Wednesday, September 7th. UBS Group set a €48.00 ($48.98) price target on Zalando in a research report on Wednesday, August 24th. Bank of America set a €18.00 ($18.37) price target on Zalando in a research report on Friday, June 24th. Berenberg Bank set a €26.00 ($26.53) price target on Zalando in a research report on Thursday, September 8th. Finally, Warburg Research set a €55.00 ($56.12) target price on Zalando in a research note on Thursday, August 4th.

Zalando Stock Up 1.2 %

Shares of FRA ZAL opened at €21.92 ($22.37) on Thursday. Zalando has a twelve month low of €36.33 ($37.07) and a twelve month high of €49.86 ($50.88). The business has a fifty day simple moving average of €26.42 and a two-hundred day simple moving average of €34.49.

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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