Zalando (ZAL) PT Set at €56.00 by Baader Bank

Baader Bank set a €56.00 ($65.12) price target on Zalando (FRA:ZAL) in a research note issued to investors on Thursday. The brokerage currently has a buy rating on the stock.

ZAL has been the subject of several other research reports. Warburg Research set a €55.00 ($63.95) price target on Zalando and gave the stock a buy rating in a report on Monday, July 23rd. Commerzbank set a €54.00 ($62.79) price target on Zalando and gave the stock a buy rating in a report on Friday, July 27th. Royal Bank of Canada set a €54.00 ($62.79) price target on Zalando and gave the stock a buy rating in a report on Tuesday, August 7th. Morgan Stanley set a €55.00 ($63.95) price target on Zalando and gave the stock a buy rating in a report on Tuesday, September 18th. Finally, UBS Group set a €38.00 ($44.19) price target on Zalando and gave the stock a sell rating in a report on Tuesday, September 18th. Five investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of €43.39 ($50.45).

Shares of Zalando stock opened at €33.82 ($39.33) on Thursday. Zalando has a 12-month low of €36.33 ($42.24) and a 12-month high of €49.86 ($57.98).

About Zalando

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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Analyst Recommendations for Zalando (FRA:ZAL)

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