Zalando (ZLDSF) Upgraded at Royal Bank of Canada

Zalando (OTCMKTS:ZLDSF) was upgraded by stock analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a research report issued to clients and investors on Monday.

Separately, DZ Bank reiterated a “neutral” rating on shares of Zalando in a research report on Monday, March 5th.

Shares of Zalando (OTCMKTS:ZLDSF) traded down $0.40 during midday trading on Monday, hitting $58.10. The stock had a trading volume of 500 shares, compared to its average volume of 850. Zalando has a fifty-two week low of $47.45 and a fifty-two week high of $58.50.

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