Zalando (FRA:ZAL) Given a €50.00 Price Target by Baader Bank Analysts

Baader Bank set a €50.00 ($58.14) price objective on Zalando (FRA:ZAL) in a report published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

ZAL has been the subject of a number of other research reports. Goldman Sachs Group set a €43.00 ($50.00) price target on shares of Zalando and gave the stock a neutral rating in a research note on Friday, July 5th. Royal Bank of Canada set a €50.00 ($58.14) price target on shares of Zalando and gave the stock a buy rating in a research note on Wednesday, May 8th. UBS Group set a €32.00 ($37.21) price target on shares of Zalando and gave the stock a sell rating in a research note on Wednesday, June 19th. Credit Suisse Group set a €44.00 ($51.16) price target on shares of Zalando and gave the stock a buy rating in a research note on Monday, July 8th. Finally, Kepler Capital Markets set a €27.00 ($31.40) price target on shares of Zalando and gave the stock a neutral rating in a research note on Thursday, May 2nd. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of €37.83 ($43.99).

ZAL stock opened at €43.45 ($50.52) on Thursday. Zalando has a one year low of €36.33 ($42.24) and a one year high of €49.86 ($57.98). The business has a 50 day moving average of €40.35.

About Zalando

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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