ZALANDO SE/ADR (ZLNDY) Downgraded by Wells Fargo & Co

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Wells Fargo & Co lowered shares of ZALANDO SE/ADR (OTCMKTS:ZLNDY) from an outperform rating to a market perform rating in a research report released on Tuesday, The Fly reports.

ZLNDY has been the subject of a number of other research reports. ValuEngine lowered ZALANDO SE/ADR from a buy rating to a hold rating in a report on Wednesday, January 2nd. UBS Group raised ZALANDO SE/ADR from a sell rating to a neutral rating in a report on Wednesday, December 5th. Finally, Zacks Investment Research raised ZALANDO SE/ADR from a sell rating to a hold rating in a report on Saturday, November 10th.

ZLNDY stock opened at $15.25 on Tuesday. ZALANDO SE/ADR has a twelve month low of $12.28 and a twelve month high of $30.18. The company has a market cap of $7.61 billion, a P/E ratio of 66.30, a P/E/G ratio of 6.40 and a beta of 1.01.

ZALANDO SE/ADR 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.

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