Zalando (FRA:ZAL – Get Rating) has been assigned a €48.00 ($51.61) target price by equities researchers at Barclays in a research note issued on Wednesday, Borsen Zeitung reports. Barclays‘s price objective indicates a potential upside of 26.82% from the company’s current price.
Several other brokerages have also weighed in on ZAL. JPMorgan Chase & Co. set a €90.00 ($96.77) price objective on Zalando in a report on Thursday, May 5th. Deutsche Bank Rese… set a €76.00 ($81.72) price target on Zalando in a research note on Wednesday, May 25th. Royal Bank of Canada set a €60.00 ($64.52) price target on Zalando in a research note on Tuesday. Credit Suisse Group set a €43.00 ($46.24) price target on Zalando in a research note on Friday, May 6th. Finally, The Goldman Sachs Group set a €118.00 ($126.88) price target on Zalando in a research note on Thursday, May 5th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of €74.60 ($80.22).
Shares of FRA:ZAL opened at €37.85 ($40.70) on Wednesday. Zalando has a 1-year low of €36.33 ($39.06) and a 1-year high of €49.86 ($53.61). The business’s 50 day moving average is €40.62 and its 200-day moving average is €57.07.
Zalando SE operates an online platform for fashion and lifestyle products. It provides clothing, footwear, accessories, and beauty products with free delivery and returns. The company also sells its products through its Zalando Lounge; and brick-and-mortar outlet stores in Berlin, Frankfurt, Cologne, Leipzig, Hamburg, Hanover, Münster, Stuttgart, Mannheim, and Ulm.
- American Well Corporation Stock May Well Be Bottoming
- 3 Outperforming Energy Stocks with More in the Tank
- There Are Cracks In The Paint At Sherwin-Williams
- Three Beaten Down Stocks The Insiders Are Buying
- Should Medtronic Make the Cut For Your Recovery Watchlist?
Want More Great Investing Ideas?
- Bear Market Game Plan!
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 3 Stocks to DOUBLE This Year
Receive News & Ratings for Zalando Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zalando and related companies with MarketBeat.com's FREE daily email newsletter.