Zalando (ZAL) Given a €44.00 Price Target at Warburg Research

Zalando (FRA:ZAL) received a €44.00 ($51.16) target price from research analysts at Warburg Research in a research note issued on Wednesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Warburg Research’s price target would indicate a potential upside of 6.13% from the company’s previous close.

A number of other analysts have also commented on ZAL. 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 Monday. Goldman Sachs Group set a €35.00 ($40.70) price target on shares of Zalando and gave the stock a “neutral” rating in a research note on Tuesday. Baader Bank set a €38.00 ($44.19) price target on shares of Zalando and gave the stock a “buy” rating in a research note on Tuesday. Barclays set a €45.00 ($52.33) price target on shares of Zalando and gave the stock a “buy” rating in a research note on Tuesday. Finally, UBS Group set a €34.00 ($39.53) price target on shares of Zalando and gave the stock a “neutral” rating in a research note on Wednesday, March 20th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of €35.55 ($41.34).

Shares of ZAL stock opened at €41.46 ($48.21) on Wednesday. Zalando has a 52 week low of €36.33 ($42.24) and a 52 week 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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