Zalando (FRA:ZAL) received a €48.00 ($57.14) price objective from stock analysts at Hauck & Aufhaeuser in a note issued to investors on Monday. The brokerage presently has a “neutral” rating on the stock. Hauck & Aufhaeuser’s price objective suggests a potential downside of 0.62% from the stock’s current price.
A number of other research analysts have also weighed in on ZAL. Berenberg Bank set a €33.00 ($39.29) target price on shares of Zalando and gave the company a “sell” rating in a report on Monday, October 23rd. Baader Bank set a €48.00 ($57.14) price target on Zalando and gave the stock a “buy” rating in a research report on Wednesday, January 17th. Oddo Bhf set a €30.00 ($35.71) price target on Zalando and gave the stock a “sell” rating in a research report on Thursday. equinet set a €44.50 ($52.98) price target on Zalando and gave the stock a “buy” rating in a research report on Thursday. Finally, Barclays set a €48.15 ($57.32) price target on Zalando and gave the stock a “buy” rating in a research report on Thursday. Five equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company. Zalando has an average rating of “Hold” and an average target price of €44.36 ($52.81).
Zalando (FRA ZAL) opened at €48.30 ($57.50) on Monday. Zalando has a fifty-two week low of €34.94 ($41.60) and a fifty-two week high of €49.86 ($59.36). The firm has a market cap of $11,960.00 and a price-to-earnings ratio of 120.75.
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.
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