Zalando SE (ZAL) Given a €42.00 Price Target at Royal Bank Of Canada

Royal Bank Of Canada set a €42.00 ($46.67) price objective on Zalando SE (FRA:ZAL) in a research note released on Monday. The firm currently has a neutral rating on the stock.

Other equities research analysts also recently issued reports about the company. Credit Suisse Group set a €47.50 ($52.78) target price on Zalando SE and gave the stock a buy rating in a report on Tuesday, May 30th. J P Morgan Chase & Co set a €36.00 ($40.00) target price on Zalando SE and gave the stock a neutral rating in a report on Saturday, May 20th. Hauck & Aufhaeuser set a €50.00 ($55.56) target price on Zalando SE and gave the stock a buy rating in a report on Thursday, June 1st. Baader Bank set a €48.00 ($53.33) target price on Zalando SE and gave the stock a buy rating in a report on Thursday, June 1st. Finally, Deutsche Bank AG set a €36.00 ($40.00) target price on Zalando SE and gave the stock a neutral rating in a report on Saturday, May 20th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Zalando SE has a consensus rating of Buy and an average target price of €44.66 ($49.62).

Analyst Recommendations for Zalando SE (FRA:ZAL)

Shares of Zalando SE (ZAL) traded up 0.58% on Monday, reaching €44.98. 1,557 shares of the company traded hands. The firm’s 50 day moving average is €41.79 and its 200 day moving average is €38.33. Zalando SE has a one year low of €22.37 and a one year high of €45.37. The company has a market capitalization of €11.47 billion and a P/E ratio of 97.57.

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