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).
COPYRIGHT VIOLATION WARNING: “Zalando (FRA:ZAL) Given a €48.00 Price Target by Baader Bank Analysts” was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece on another website, it was stolen and reposted in violation of U.S. and international copyright and trademark legislation. The original version of this piece can be viewed at https://www.dispatchtribunal.com/2018/01/13/zalando-zal-pt-set-at-48-00-by-baader-bank.html.
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.
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.