Zalando (ZAL) Given a €38.00 Price Target at Credit Suisse Group

Credit Suisse Group set a €38.00 ($44.19) target price on Zalando (FRA:ZAL) in a research note published on Friday. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also recently commented on the stock. Commerzbank set a €36.00 ($41.86) price objective on shares of Zalando and gave the company a neutral rating in a research note on Tuesday. Baader Bank set a €56.00 ($65.12) price objective on shares of Zalando and gave the company a buy rating in a research note on Thursday, October 4th. Deutsche Bank set a €34.00 ($39.53) price objective on shares of Zalando and gave the company a neutral rating in a research note on Wednesday, October 3rd. Societe Generale set a €36.00 ($41.86) price objective on shares of Zalando and gave the company a neutral rating in a research note on Monday, September 24th. Finally, Goldman Sachs Group set a €40.00 ($46.51) price objective on shares of Zalando and gave the company a neutral rating in a research note on Monday, September 24th. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average price target of €43.11 ($50.13).

FRA ZAL traded up €0.85 ($0.99) during trading hours on Friday, reaching €32.82 ($38.16). The company’s stock had a trading volume of 851,033 shares. Zalando has a fifty-two week low of €36.33 ($42.24) and a fifty-two week high of €49.86 ($57.98).

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.

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Analyst Recommendations for Zalando (FRA:ZAL)

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