Zalando (FRA:ZAL) Given a €48.00 Price Target by Baader Bank Analysts

Baader Bank set a €48.00 ($57.14) target price on Zalando (FRA:ZAL) in a report issued on Wednesday, December 20th. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also commented on ZAL. Berenberg Bank set a €33.00 ($39.29) price target on Zalando and gave the stock a sell rating in a research report on Monday, October 23rd. Warburg Research set a €53.00 ($63.10) target price on Zalando and gave the company a buy rating in a research report on Tuesday, October 17th. JPMorgan Chase & Co. set a €35.00 ($41.67) target price on Zalando and gave the company a neutral rating in a research report on Tuesday, October 3rd. Hauck & Aufhaeuser set a €48.00 ($57.14) target price on Zalando and gave the company a buy rating in a research report on Wednesday, September 27th. Finally, Commerzbank set a €48.00 ($57.14) target price on Zalando and gave the company a buy rating in a research report on Wednesday, October 18th. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of €44.93 ($53.48).

Zalando (ZAL) traded up €0.53 ($0.63) during trading on Wednesday, reaching €45.03 ($53.61). The company had a trading volume of 303,005 shares. The firm has a market cap of $11,120.00 and a price-to-earnings ratio of 112.58. Zalando has a 12-month low of €34.94 ($41.60) and a 12-month high of €46.35 ($55.18).

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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.

Analyst Recommendations for Zalando (FRA:ZAL)

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