Zalando (ZAL) Given a €44.50 Price Target at equinet

Zalando (FRA:ZAL) has been assigned a €44.50 ($52.98) target price by equities researchers at equinet in a research note issued on Thursday. The brokerage currently has a “buy” rating on the stock. equinet’s price target points to a potential downside of 4.47% from the company’s current price.

ZAL has been the subject of several other reports. Barclays set a €48.60 ($57.86) price target on shares of Zalando and gave the company a “buy” rating in a research report on Wednesday, October 18th. Baader Bank set a €48.00 ($57.14) price target on shares of Zalando and gave the company a “buy” rating in a research report on Tuesday, November 7th. Hauck & Aufhaeuser set a €48.00 ($57.14) price target on shares of Zalando and gave the company a “buy” rating in a research report on Wednesday, October 18th. Commerzbank set a €48.00 ($57.14) price target on shares of Zalando and gave the company a “buy” rating in a research report on Wednesday, October 18th. Finally, Royal Bank of Canada set a €35.00 ($41.67) price target on shares of Zalando and gave the company a “sell” rating in a research report on Monday, November 13th. Five research analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of €44.36 ($52.81).

Shares of Zalando (ZAL) opened at €46.58 ($55.45) on Thursday. The company has a market cap of $11,580.00 and a PE ratio of 116.45. Zalando has a 1 year low of €34.94 ($41.60) and a 1 year high of €46.68 ($55.57).

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Zalando Company Profile

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.

Analyst Recommendations for Zalando (FRA:ZAL)

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