Credit Suisse Group Analysts Give Zalando SE (ZAL) a €47.50 Price Target
Zalando SE (FRA:ZAL) has been given a €47.50 ($55.88) price objective by investment analysts at Credit Suisse Group in a report released on Wednesday. The brokerage currently has a “buy” rating on the stock.
ZAL has been the subject of several other reports. Hauck & Aufhaeuser set a €50.00 ($58.82) price objective on Zalando SE and gave the stock a “buy” rating in a research note on Wednesday, June 7th. Royal Bank Of Canada set a €42.00 ($49.41) target price on Zalando SE and gave the company a “neutral” rating in a research report on Monday, June 19th. Commerzbank Ag set a €50.00 ($58.82) target price on Zalando SE and gave the company a “buy” rating in a research report on Wednesday, June 21st. Goldman Sachs Group, Inc. (The) set a €43.00 ($50.59) price target on Zalando SE and gave the stock a “neutral” rating in a report on Wednesday, July 19th. Finally, Warburg Research set a €53.00 ($62.35) price target on Zalando SE and gave the stock a “buy” rating in a report on Wednesday, July 19th. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of €44.79 ($52.70).
Zalando SE (ZAL) opened at 42.62 on Wednesday. Zalando SE has a one year low of €33.81 and a one year high of €45.37. The company’s 50-day moving average is €40.84 and its 200-day moving average is €40.31. The firm has a market capitalization of €10.54 billion and a P/E ratio of 94.71.
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