Zalando (ZAL) PT Set at €35.00 by UBS

Zalando (FRA:ZAL) has been assigned a €35.00 ($41.67) price objective by equities researchers at UBS in a research note issued on Wednesday. The brokerage presently has a “sell” rating on the stock. UBS’s target price would suggest a potential downside of 20.90% from the company’s previous close.

Several other research analysts have also recently weighed in on ZAL. Stifel Nicolaus set a €45.00 ($53.57) price objective on shares of Zalando and gave the stock a “buy” rating in a research report on Friday, August 25th. Goldman Sachs Group set a €43.00 ($51.19) price objective on shares of Zalando and gave the stock a “neutral” rating in a research report on Thursday, September 7th. equinet set a €48.00 ($57.14) price objective on shares of Zalando and gave the stock a “buy” rating in a research report on Monday, September 11th. Baader Bank set a €48.00 ($57.14) target price on shares of Zalando and gave the stock a “buy” rating in a report on Monday, September 25th. Finally, Hauck & Aufhaeuser set a €48.00 ($57.14) target price on shares of Zalando and gave the stock a “buy” rating in a report on Wednesday, September 27th. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of €45.08 ($53.66).

Zalando (ZAL) opened at €44.25 ($52.68) on Wednesday. Zalando has a 1 year low of €34.94 ($41.60) and a 1 year high of €46.35 ($55.18).

ILLEGAL ACTIVITY WARNING: This story was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this story on another publication, it was copied illegally and reposted in violation of United States and international copyright and trademark legislation. The legal version of this story can be accessed at https://www.com-unik.info/2017/12/22/zalando-zal-pt-set-at-35-00-by-ubs.html.

About Zalando

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.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit