Shares of Zalando SE (FRA:ZAL) have received an average recommendation of “Buy” from the twenty research firms that are covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is €45.51 ($53.54).

A number of brokerages have recently issued reports on ZAL. Goldman Sachs Group, Inc. (The) set a €48.00 ($56.47) target price on shares of Zalando SE and gave the company a “buy” rating in a report on Tuesday, July 4th. equinet AG set a €48.00 ($56.47) target price on shares of Zalando SE and gave the company a “buy” rating in a report on Thursday, August 10th. Macquarie set a €52.00 ($61.18) target price on shares of Zalando SE and gave the company a “buy” rating in a report on Friday, August 11th. Berenberg Bank set a €33.00 ($38.82) target price on shares of Zalando SE and gave the company a “sell” rating in a report on Friday, August 11th. Finally, Kepler Capital Markets set a €44.00 ($51.76) target price on shares of Zalando SE and gave the company a “buy” rating in a report on Friday, August 11th.

Zalando SE (ZAL) opened at 42.862 on Wednesday. The company has a market capitalization of €10.60 billion and a price-to-earnings ratio of 95.249. The firm’s 50-day moving average price is €42.38 and its 200 day moving average price is €40.97. Zalando SE has a 12-month low of €33.81 and a 12-month high of €45.37.

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About Zalando SE

Analyst Recommendations for Zalando SE (FRA:ZAL)

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