Zalando (ZAL) PT Set at €42.50 by Credit Suisse Group

Credit Suisse Group set a €42.50 ($49.42) price target on Zalando (FRA:ZAL) in a research report released on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also recently commented on ZAL. Independent Research set a €42.00 ($48.84) target price on shares of Zalando and gave the stock a neutral rating in a research note on Thursday. UBS Group set a €34.00 ($39.53) target price on shares of Zalando and gave the stock a neutral rating in a research note on Thursday. Kepler Capital Markets set a €27.00 ($31.40) target price on shares of Zalando and gave the stock a neutral rating in a research note on Thursday. JPMorgan Chase & Co. set a €28.00 ($32.56) target price on shares of Zalando and gave the stock a neutral rating in a research note on Thursday. Finally, Barclays set a €46.80 ($54.42) target price on shares of Zalando and gave the stock a buy rating in a research note on Friday. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. Zalando has a consensus rating of Hold and an average target price of €35.12 ($40.84).

Shares of ZAL traded up €0.72 ($0.84) on Friday, reaching €41.27 ($47.99). The company’s stock had a trading volume of 1,046,387 shares. Zalando has a 12-month low of €36.33 ($42.24) and a 12-month high of €49.86 ($57.98).

Zalando Company Profile

Zalando SE operates as an online fashion and lifestyle retailer in Europe. It offers a range of products, including shoes, apparel, accessories, and beauty products for women, men, and children. The company 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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