Societe Generale Reiterates €67.00 Price Target for Zalando SE (FRA:ZAL)
Several other equities research analysts also recently weighed in on the stock. Commerzbank Ag set a €50.00 ($58.82) target price on shares of Zalando SE and gave the company a buy rating in a research note on Wednesday, June 21st. Goldman Sachs Group Inc set a €48.00 ($56.47) target price on shares of Zalando SE and gave the company a buy rating in a research note on Saturday, May 20th. Hauck & Aufhaeuser set a €50.00 ($58.82) target price on shares of Zalando SE and gave the company a buy rating in a research note on Thursday, June 1st. Royal Bank Of Canada set a €38.00 ($44.71) price target on shares of Zalando SE and gave the stock a sell rating in a research note on Monday, June 26th. Finally, J P Morgan Chase & Co set a €36.00 ($42.35) price target on shares of Zalando SE and gave the stock a neutral rating in a research note on Saturday, May 20th. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of €45.74 ($53.81).
Shares of Zalando SE (FRA:ZAL) traded up 0.58% during mid-day trading on Tuesday, hitting €39.39. 1,208 shares of the company traded hands. The stock has a market capitalization of €10.04 billion and a PE ratio of 85.44. Zalando SE has a 1-year low of €32.20 and a 1-year high of €45.37. The firm’s 50 day moving average price is €40.29 and its 200-day moving average price is €39.14.
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