Zalando (FRA:ZAL) Given a €21.00 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €21.00 ($24.42) price target on Zalando (FRA:ZAL) in a report published on Tuesday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

ZAL has been the subject of several other research reports. Royal Bank of Canada set a €52.00 ($60.47) price target on shares of Zalando and gave the stock a buy rating in a research note on Tuesday, August 13th. UBS Group set a €32.00 ($37.21) price target on shares of Zalando and gave the stock a sell rating in a research note on Thursday, August 1st. Warburg Research set a €45.00 ($52.33) price target on shares of Zalando and gave the stock a neutral rating in a research note on Thursday, September 5th. Goldman Sachs Group set a €43.00 ($50.00) price target on shares of Zalando and gave the stock a neutral rating in a research note on Thursday, August 1st. Finally, Hauck & Aufhaeuser set a €45.00 ($52.33) price target on shares of Zalando and gave the stock a buy rating in a research note on Friday, August 30th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the company. The company has an average rating of Hold and a consensus price target of €40.17 ($46.71).

Shares of ZAL stock opened at €39.75 ($46.22) on Tuesday. The company has a 50 day moving average of €43.45 and a 200-day moving average of €39.43. Zalando has a 12-month low of €36.33 ($42.24) and a 12-month high of €49.86 ($57.98).



Zalando Company Profile

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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