Zalando (FRA:ZAL) received a €56.00 ($66.67) target price from Citigroup in a research report issued to clients and investors on Tuesday. The firm currently has a “buy” rating on the stock. Citigroup’s price objective indicates a potential upside of 21.32% from the stock’s current price.

ZAL has been the subject of a number of other reports. Goldman Sachs Group set a €43.00 ($51.19) target price on shares of Zalando and gave the stock a “neutral” rating in a research note on Friday, January 5th. Societe Generale set a €51.00 ($60.71) target price on shares of Zalando and gave the stock a “neutral” rating in a research note on Tuesday, January 9th. Morgan Stanley set a €55.00 ($65.48) target price on shares of Zalando and gave the stock a “buy” rating in a research note on Friday, December 8th. Kepler Capital Markets set a €46.00 ($54.76) target price on shares of Zalando and gave the stock a “neutral” rating in a research note on Monday, December 18th. Finally, Baader Bank set a €48.00 ($57.14) target price on shares of Zalando and gave the stock a “buy” rating in a research note on Wednesday, December 20th. Five analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of €44.36 ($52.81).

Zalando (FRA:ZAL) opened at €46.16 ($54.95) on Tuesday. Zalando has a 12-month low of €34.94 ($41.60) and a 12-month high of €46.68 ($55.57). The stock has a market cap of $11,580.00 and a P/E ratio of 115.40.

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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)

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