Baader Bank Analysts Give Zalando (ZAL) a €56.00 Price Target

Baader Bank set a €56.00 ($65.12) price target on Zalando (FRA:ZAL) in a report published on Tuesday morning. The brokerage currently has a buy rating on the stock.

Several other research firms have also issued reports on ZAL. Warburg Research set a €54.00 ($62.79) price target on shares of Zalando and gave the company a buy rating in a research report on Tuesday, September 18th. Goldman Sachs Group set a €43.00 ($50.00) price target on shares of Zalando and gave the company a neutral rating in a research report on Tuesday, September 18th. Credit Suisse Group set a €40.00 ($46.51) price target on shares of Zalando and gave the company a neutral rating in a research report on Tuesday, September 18th. DZ Bank reissued a sell rating on shares of Zalando in a research report on Wednesday, July 11th. Finally, Deutsche Bank set a €34.00 ($39.53) price target on shares of Zalando and gave the company a sell rating in a research report on Wednesday, August 8th. Five equities research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of €42.61 ($49.55).

FRA ZAL opened at €35.34 ($41.09) on Tuesday. Zalando has a 12-month low of €36.33 ($42.24) and a 12-month high of €49.86 ($57.98).

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.

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Analyst Recommendations for Zalando (FRA:ZAL)

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