Zalando SE (ZAL) Given a €35.00 Price Target by UBS AG Analysts

UBS AG set a €35.00 ($41.18) price objective on Zalando SE (FRA:ZAL) in a report released on Wednesday. The firm currently has a sell rating on the stock.

Several other equities research analysts have also recently issued reports on ZAL. J P Morgan Chase & Co set a €35.00 ($41.18) target price on shares of Zalando SE and gave the stock a neutral rating in a report on Wednesday. Kepler Capital Markets set a €44.00 ($51.76) target price on shares of Zalando SE and gave the stock a buy rating in a report on Friday, August 11th. Warburg Research set a €53.00 ($62.35) target price on shares of Zalando SE and gave the stock a buy rating in a report on Tuesday. Societe Generale set a €54.00 ($63.53) target price on shares of Zalando SE and gave the stock a buy rating in a report on Friday, August 11th. Finally, Deutsche Bank AG set a €34.00 ($40.00) target price on shares of Zalando SE and gave the stock a sell rating in a report on Wednesday. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of €45.51 ($53.54).

Zalando SE (FRA:ZAL) traded down 1.613% during trading on Wednesday, reaching €41.847. The company had a trading volume of 1,743 shares. Zalando SE has a 12-month low of €33.81 and a 12-month high of €45.37. The firm has a market capitalization of €10.35 billion and a PE ratio of 92.993. The firm’s 50 day moving average price is €41.90 and its 200 day moving average price is €40.79.

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