Independent Research Analysts Give Zalando (ZAL) a €42.00 Price Target

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Independent Research set a €42.00 ($48.84) price objective on Zalando (FRA:ZAL) in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other brokerages have also commented on ZAL. Baader Bank set a €38.00 ($44.19) price target on shares of Zalando and gave the company a buy rating in a research note on Tuesday, April 16th. Barclays set a €45.00 ($52.33) price target on shares of Zalando and gave the stock a buy rating in a report on Tuesday, April 16th. Goldman Sachs Group set a €35.00 ($40.70) price target on shares of Zalando and gave the stock a neutral rating in a report on Tuesday, April 16th. Warburg Research set a €44.00 ($51.16) price target on shares of Zalando and gave the stock a neutral rating in a report on Wednesday, April 17th. Finally, JPMorgan Chase & Co. set a €28.00 ($32.56) price target on shares of Zalando and gave the stock a neutral rating in a report on Thursday. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of €35.12 ($40.84).

ZAL traded up €0.72 ($0.84) on Thursday, reaching €41.27 ($47.99). The company had a trading volume of 1,046,387 shares. Zalando has a fifty-two week low of €36.33 ($42.24) and a fifty-two week high of €49.86 ($57.98).

About Zalando

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

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Analyst Recommendations for Zalando (FRA:ZAL)

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