JPMorgan Chase & Co. set a €33.00 ($38.37) price objective on Zalando (FRA:ZAL) in a research note issued to investors on Tuesday morning. The firm currently has a neutral rating on the stock.
A number of other equities research analysts have also issued reports on ZAL. Kepler Capital Markets set a €46.00 ($53.49) target price on shares of Zalando and gave the company a neutral rating in a research note on Friday, July 20th. Credit Suisse Group set a €46.00 ($53.49) price objective on shares of Zalando and gave the stock a neutral rating in a research note on Wednesday, August 8th. Barclays set a €52.00 ($60.47) price objective on shares of Zalando and gave the stock a buy rating in a research note on Tuesday, September 18th. Morgan Stanley set a €44.00 ($51.16) price objective on shares of Zalando and gave the stock a buy rating in a research note on Monday, November 5th. Finally, Commerzbank set a €53.00 ($61.63) price objective on shares of Zalando and gave the stock a buy rating in a research note on Wednesday, August 8th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of €41.60 ($48.37).
Shares of Zalando stock opened at €31.40 ($36.51) on Tuesday. Zalando has a 1 year low of €36.33 ($42.24) and a 1 year high of €49.86 ($57.98).
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.
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