Suche
Mein Konto
Zalando shares lose significantly: Analysts see difficult fashion market and lowered price targets.
According to a report from www.ariva.de, Zalando's share price fell by 3.18 percent, showing that the company is currently one of the worst performers in the German market. The price fell to 19.03 euros. The US investment bank Goldman Sachs lowered the price target for Zalando from 34 to 29 euros and maintained the rating at “Buy”. Hauck Aufhäuser Investment Banking lowered the price target from 45 to 42 euros, but also maintained the rating at “Buy” and emphasized that Zalando remains the leading platform in Europe. The shares are now trading at such a low level that there is no longer any company growth in...
Zalando shares lose significantly: Analysts see difficult fashion market and lowered price targets.
According to a report from www.ariva.de, Zalando's share price fell by 3.18 percent, showing that the company is currently one of the worst performers in the German market. The price fell to 19.03 euros. The US investment bank Goldman Sachs lowered the price target for Zalando from 34 to 29 euros and maintained the rating at “Buy”. Hauck Aufhäuser Investment Banking lowered the price target from 45 to 42 euros, but also maintained the rating at “Buy” and emphasized that Zalando remains the leading platform in Europe. The shares are now trading at such a low level that no company growth is any longer priced into the share price.
The fact that Zalando is currently one of the worst performers in the market and the price target has been lowered by various analysts shows that the company is currently facing some challenges. The weak fashion market could have a long-term impact on Zalando as analysts have revised down their estimates for the company's profitability. In the long term, this could affect investor confidence in the company and lead to further share price losses.
The fact that other online fashion retailers such as Amazon are also affected by a weak market environment suggests that the industry as a whole is facing challenges. The lowered price targets for Zalando could also have an impact on the entire market and affect investor confidence in the industry as a whole.
The impact of this price decline on the market and the financial industry could be significant. Analysts' lowered price targets could cause investors to reconsider their positions in Zalando and other similar companies. This could lead to further price losses and a general market weakness. It is important to closely monitor developments at Zalando and other fashion retailers to understand possible future impacts on the market and financial industry.
Read the source article at www.ariva.de