Zalando (FRA:ZAL – Get Rating) has been given a €30.00 ($30.93) price objective by equities research analysts at Baader Bank in a report issued on Thursday, Borsen Zeitung reports. Baader Bank’s price objective indicates a potential downside of 2.76% from the stock’s current price.
Other equities research analysts have also issued reports about the company. JPMorgan Chase & Co. set a €32.00 ($32.99) price objective on Zalando in a research report on Thursday, June 23rd. Warburg Research set a €55.00 ($56.70) price objective on Zalando in a research report on Thursday, July 7th. Hauck Aufhäuser In… set a €55.00 ($56.70) price objective on Zalando in a research report on Tuesday, June 28th. Barclays set a €30.00 ($30.93) price objective on Zalando in a research report on Tuesday, July 19th. Finally, HSBC set a €25.00 ($25.77) price objective on Zalando in a research report on Monday, June 27th.
Zalando Price Performance
Shares of ZAL opened at €30.85 ($31.80) on Thursday. The business’s 50-day moving average price is €28.51 and its 200 day moving average price is €42.19. Zalando has a 1-year low of €36.33 ($37.45) and a 1-year high of €49.86 ($51.40).
Zalando Company Profile
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.
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