ZALANDO SE/ADR (OTCMKTS:ZLNDY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Saturday.
According to Zacks, “Zalando SE is an online fashion retailer. The Company offers clothing, sports products, shoes, bags and other accessories for men, women and children. Zalando SE is headquartered in Berlin, Germany. “
Separately, ValuEngine cut shares of ZALANDO SE/ADR from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th.
ZALANDO SE/ADR (OTCMKTS:ZLNDY) last issued its earnings results on Tuesday, August 7th. The company reported $0.12 EPS for the quarter. The company had revenue of $1.59 billion during the quarter. ZALANDO SE/ADR had a net margin of 1.74% and a return on equity of 5.78%. On average, research analysts forecast that ZALANDO SE/ADR will post 0.22 earnings per share for the current fiscal year.
About ZALANDO SE/ADR
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.
Featured Article: Marijuana Stocks Future Looks Bright
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for ZALANDO SE/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZALANDO SE/ADR and related companies with MarketBeat.com's FREE daily email newsletter.