Zalando SE (ZAL) Given a €53.00 Price Target at Citigroup Inc.

Zalando SE (FRA:ZAL) has been assigned a €53.00 ($62.35) target price by research analysts at Citigroup Inc. in a note issued to investors on Wednesday, October 18th. The firm presently has a “buy” rating on the stock.

Several other research analysts have also weighed in on ZAL. Goldman Sachs Group, Inc. (The) set a €48.00 ($56.47) target price on Zalando SE and gave the stock a “buy” rating in a report on Tuesday, June 20th. Deutsche Bank AG set a €36.00 ($42.35) price target on Zalando SE and gave the company a “neutral” rating in a report on Wednesday, June 21st. Commerzbank Ag set a €50.00 ($58.82) price target on Zalando SE and gave the company a “buy” rating in a report on Wednesday, June 21st. Baader Bank set a €48.00 ($56.47) price target on Zalando SE and gave the company a “buy” rating in a report on Wednesday, June 21st. Finally, Kepler Capital Markets set a €44.00 ($51.76) price target on Zalando SE and gave the company a “buy” rating in a report on Wednesday, June 21st. Four analysts have rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of €45.51 ($53.54).

Zalando SE (FRA:ZAL) traded up 1.66% during mid-day trading on Wednesday, reaching €42.60. The company’s stock had a trading volume of 2,263 shares. The firm has a 50-day moving average of €42.20 and a 200 day moving average of €40.89. Zalando SE has a 1-year low of €33.81 and a 1-year high of €45.37. The firm has a market capitalization of €10.53 billion and a price-to-earnings ratio of 94.67.

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Analyst Recommendations for Zalando SE (FRA:ZAL)

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