Zalando (ZAL) Given a €41.00 Price Target at Royal Bank of Canada

Royal Bank of Canada set a €41.00 ($47.67) price objective on Zalando (FRA:ZAL) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Hauck & Aufhaeuser set a €45.00 ($52.33) target price on shares of Zalando and gave the company a buy rating in a report on Monday, April 15th. Goldman Sachs Group set a €35.00 ($40.70) target price on shares of Zalando and gave the company a neutral rating in a report on Tuesday, April 16th. Baader Bank set a €38.00 ($44.19) target price on shares of Zalando and gave the company a buy rating in a report on Tuesday, April 16th. Independent Research set a €40.00 ($46.51) target price on shares of Zalando and gave the company a neutral rating in a report on Tuesday, April 16th. Finally, Warburg Research set a €44.00 ($51.16) target price on shares of Zalando and gave the company a neutral rating in a report on Wednesday, April 17th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company. Zalando currently has an average rating of Hold and an average price target of €35.12 ($40.84).

Shares of ZAL stock opened at €41.27 ($47.99) on Thursday. 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 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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