Zalando (FRA:ZAL) has been assigned a €46.00 ($53.49) price target by Baader Bank in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock. Baader Bank’s price target would indicate a potential upside of 73.85% from the stock’s previous close.
Several other equities research analysts have also issued reports on ZAL. Independent Research set a €32.00 ($37.21) price target on shares of Zalando and gave the company a “neutral” rating in a report on Wednesday, November 28th. Barclays set a €52.00 ($60.47) price target on shares of Zalando and gave the company a “buy” rating in a report on Tuesday, September 18th. UBS Group set a €38.00 ($44.19) price target on shares of Zalando and gave the company a “sell” rating in a report on Tuesday, September 18th. Commerzbank set a €40.00 ($46.51) target price on shares of Zalando and gave the company a “neutral” rating in a research note on Tuesday, September 18th. Finally, Hauck & Aufhaeuser set a €44.00 ($51.16) target price on shares of Zalando and gave the company a “buy” rating in a research note on Tuesday, November 27th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of €39.88 ($46.37).
Zalando stock opened at €26.34 ($30.63) on Friday. Zalando has a fifty-two week low of €36.33 ($42.24) and a fifty-two week 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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