Zalando (ZAL) Given a €34.00 Price Target by Independent Research Analysts

Independent Research set a €34.00 ($39.53) price objective on Zalando (FRA:ZAL) in a report published on Wednesday morning. The firm currently has a neutral rating on the stock.

Several other analysts also recently weighed in on ZAL. Kepler Capital Markets set a €46.00 ($53.49) price target on Zalando and gave the company a neutral rating in a research note on Friday, July 20th. Credit Suisse Group set a €46.00 ($53.49) target price on Zalando and gave the stock a neutral rating in a research note on Wednesday, August 8th. Goldman Sachs Group set a €40.00 ($46.51) target price on Zalando and gave the stock a neutral rating in a research note on Tuesday. Royal Bank of Canada set a €42.00 ($48.84) target price on Zalando and gave the stock a buy rating in a research note on Tuesday. Finally, Barclays set a €52.00 ($60.47) target price on Zalando and gave the stock a buy rating in a research note on Tuesday, September 18th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of €41.60 ($48.37).

Zalando stock opened at €31.40 ($36.51) on Wednesday. Zalando has a fifty-two week low of €36.33 ($42.24) and a fifty-two week high of €49.86 ($57.98).

Zalando Company Profile

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.

Read More: Understanding Relative Strength Index

Analyst Recommendations for Zalando (FRA:ZAL)

Receive News & Ratings for Zalando Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zalando and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply