Zalando (ZAL) Given a €44.00 Price Target at Morgan Stanley

Morgan Stanley set a €44.00 ($51.16) price target on Zalando (FRA:ZAL) in a research note published on Monday morning. The brokerage currently has a buy rating on the stock.

ZAL has been the topic of a number of other research reports. Warburg Research set a €55.00 ($63.95) price objective on Zalando and gave the stock a buy rating in a research note on Monday, July 23rd. Baader Bank set a €56.00 ($65.12) price objective on Zalando and gave the stock a buy rating in a research note on Tuesday, September 18th. Commerzbank set a €54.00 ($62.79) price objective on Zalando and gave the stock a buy rating in a research note on Friday, July 27th. Royal Bank of Canada set a €54.00 ($62.79) price objective on Zalando and gave the stock a buy rating in a research note on Tuesday, August 7th. Finally, UBS Group set a €38.00 ($44.19) price objective on Zalando and gave the stock a sell rating in a research note on Tuesday, September 18th. Five investment 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 presently has a consensus rating of Hold and an average target price of €42.11 ($48.97).

ZAL opened at €31.43 ($36.55) on Monday. Zalando has a one year low of €36.33 ($42.24) and a one year 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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