Hauck & Aufhaeuser set a €45.00 ($52.33) price target on Zalando (FRA:ZAL) in a research report sent to investors on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
ZAL has been the subject of a number of other reports. Independent Research set a €213.00 ($247.67) target price on shares of MTU Aero Engines and gave the stock a neutral rating in a research note on Thursday, May 2nd. Baader Bank set a €67.00 ($77.91) target price on shares of Hugo Boss and gave the stock a buy rating in a research note on Thursday, May 23rd. Kepler Capital Markets set a €80.00 ($93.02) target price on shares of Fresenius Medical Care AG & Co. KGaA and gave the stock a buy rating in a research note on Thursday, May 2nd. Goldman Sachs Group raised shares of DUFRY AG/ADR to a hold rating in a research note on Friday, July 5th. Finally, JPMorgan Chase & Co. lifted their price target on shares of from GBX 2,300 ($30.05) to GBX 2,900 ($37.89) and gave the stock a neutral rating in a research report on Friday, July 5th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of €36.99 ($43.01).
Shares of FRA ZAL opened at €41.39 ($48.13) on Monday. Zalando has a 1-year low of €36.33 ($42.24) and a 1-year high of €49.86 ($57.98). The business has a 50-day moving average of €38.46.
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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