UBS Group Analysts Give Zalando (ZAL) a €34.00 Price Target

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UBS Group set a €34.00 ($39.53) price objective on Zalando (FRA:ZAL) in a research note released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Other research analysts also recently issued reports about the stock. Hauck & Aufhaeuser set a €43.00 ($50.00) price objective on shares of Zalando and gave the company a buy rating in a research note on Wednesday, January 23rd. Deutsche Bank set a €34.00 ($39.53) price objective on shares of Zalando and gave the company a neutral rating in a research note on Monday, March 11th. Warburg Research set a €44.00 ($51.16) price objective on shares of Zalando and gave the company a neutral rating in a research note on Wednesday, April 17th. Barclays set a €45.00 ($52.33) price objective on shares of Zalando and gave the company a buy rating in a research note on Wednesday, March 6th. Finally, Goldman Sachs Group set a €35.00 ($40.70) price objective on shares of Zalando and gave the company a neutral rating in a research note on Wednesday, March 6th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the stock. Zalando presently has an average rating of Hold and a consensus target price of €35.12 ($40.84).

ZAL traded up €0.72 ($0.84) during trading hours on Thursday, reaching €41.27 ($47.99). 1,046,387 shares of the stock traded hands. Zalando has a fifty-two week low of €36.33 ($42.24) and a fifty-two week high of €49.86 ($57.98).

About Zalando

Zalando SE operates as an online fashion and lifestyle retailer in Europe. It offers a range of products, including shoes, apparel, accessories, and beauty products for women, men, and children. The company 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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