ZALANDO SE/ADR (ZLNDY) Stock Rating Lowered by Zacks Investment Research

ZALANDO SE/ADR (OTCMKTS:ZLNDY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

According to Zacks, “Zalando SE is an online fashion retailer. The Company offers clothing, sports products, shoes, bags and other accessories for men, women and children. Zalando SE is headquartered in Berlin, Germany. “

Separately, ValuEngine raised shares of ZALANDO SE/ADR from a “hold” rating to a “buy” rating in a research report on Friday, June 29th.

Shares of ZLNDY opened at $25.68 on Friday. ZALANDO SE/ADR has a 1-year low of $23.19 and a 1-year high of $30.41. The firm has a market capitalization of $12.95 billion, a P/E ratio of 118.41 and a beta of 1.06.

About ZALANDO SE/ADR

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.

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