Zalando (FRA:ZAL) has been given a €48.15 ($57.32) price target by equities research analysts at Barclays in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Barclays’ target price would suggest a potential upside of 2.27% from the company’s current price.

A number of other research firms also recently issued reports on ZAL. equinet set a €44.50 ($52.98) target price on shares of Zalando and gave the company a “buy” rating in a report on Thursday. Royal Bank of Canada set a €35.00 ($41.67) target price on shares of Zalando and gave the company a “sell” rating in a report on Thursday. Goldman Sachs Group set a €43.00 ($51.19) target price on shares of Zalando and gave the company a “neutral” rating in a report on Thursday. Deutsche Bank set a €34.00 ($40.48) target price on shares of Zalando and gave the company a “sell” rating in a report on Thursday. Finally, Oddo Bhf set a €30.00 ($35.71) target price on shares of Zalando and gave the company a “sell” rating in a report on Thursday. Five analysts have rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the stock. Zalando presently has an average rating of “Hold” and a consensus target price of €44.36 ($52.81).

Zalando (ZAL) opened at €47.08 ($56.05) on Thursday. The firm has a market cap of $11,580.00 and a P/E ratio of 117.70. Zalando has a 52-week low of €34.94 ($41.60) and a 52-week high of €46.68 ($55.57).

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Zalando Company Profile

Zalando SE operates as an online fashion retailer in Europe. The company offers a range of products, including clothes, shoes, and accessories for women, men, and children. Zalando SE also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.

Analyst Recommendations for Zalando (FRA:ZAL)

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