A number of other equities analysts have also recently weighed in on the company. UBS Group set a €35.00 ($40.70) price target on Zalando and gave the stock a sell rating in a report on Tuesday. Morgan Stanley set a €44.00 ($51.16) price target on Zalando and gave the stock a buy rating in a report on Monday, November 5th. Baader Bank set a €56.00 ($65.12) target price on Zalando and gave the company a buy rating in a report on Tuesday, October 30th. Credit Suisse Group set a €38.00 ($44.19) target price on Zalando and gave the company a buy rating in a report on Friday, October 12th. Finally, Deutsche Bank set a €34.00 ($39.53) target price on Zalando and gave the company a neutral rating in a report on Wednesday, October 3rd. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of €41.60 ($48.37).
FRA ZAL opened at €31.40 ($36.51) on Tuesday. Zalando has a twelve month low of €36.33 ($42.24) and a twelve month high of €49.86 ($57.98).
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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