Nord/LB Analysts Give Zalando (ZAL) a €52.00 Price Target

Zalando (FRA:ZAL) has been given a €52.00 ($64.20) target price by equities researchers at Nord/LB in a note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Nord/LB’s price objective would suggest a potential upside of 17.65% from the stock’s previous close.

Several other research firms have also recently commented on ZAL. Hauck & Aufhaeuser set a €48.00 ($59.26) target price on shares of Zalando and gave the stock a “neutral” rating in a research note on Monday, January 22nd. Royal Bank of Canada set a €46.00 ($56.79) target price on shares of Zalando and gave the stock a “neutral” rating in a research note on Wednesday, February 21st. Macquarie set a €58.00 ($71.60) target price on shares of Zalando and gave the stock a “buy” rating in a research note on Friday, January 26th. Baader Bank set a €55.00 ($67.90) target price on shares of Zalando and gave the stock a “buy” rating in a research note on Tuesday, February 27th. Finally, equinet set a €44.50 ($54.94) price objective on shares of Zalando and gave the company a “buy” rating in a research note on Thursday, January 18th. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of €46.70 ($57.66).

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ZAL stock traded up €0.99 ($1.22) during midday trading on Tuesday, hitting €44.20 ($54.57). The stock had a trading volume of 338,282 shares. Zalando has a 12-month low of €36.33 ($44.85) and a 12-month high of €49.86 ($61.56).

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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.

Analyst Recommendations for Zalando (FRA:ZAL)

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