Zalando (ZAL) Given a €56.00 Price Target at Baader Bank

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Baader Bank set a €56.00 ($65.12) price objective on Zalando (FRA:ZAL) in a report published on Tuesday morning. The firm currently has a buy rating on the stock.

Several other research firms have also commented on ZAL. Warburg Research set a €54.00 ($62.79) price target on shares of Zalando and gave the company a buy rating in a report on Tuesday. Goldman Sachs Group set a €43.00 ($50.00) price target on shares of Zalando and gave the company a neutral rating in a report on Tuesday. Credit Suisse Group set a €40.00 ($46.51) price target on shares of Zalando and gave the company a neutral rating in a report on Tuesday. DZ Bank restated a sell rating on shares of Zalando in a report on Wednesday, July 11th. Finally, Deutsche Bank set a €34.00 ($39.53) price target on shares of Zalando and gave the company a sell rating in a report on Wednesday, August 8th. Six research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company’s stock. Zalando has a consensus rating of Hold and a consensus target price of €44.07 ($51.24).

FRA:ZAL opened at €35.48 ($41.26) on Tuesday. Zalando has a one year low of €36.33 ($42.24) and a one year 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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