Zalando (FRA:ZAL) Given a €32.00 Price Target at JPMorgan Chase & Co.

Zalando (FRA:ZALGet Rating) has been given a €32.00 ($32.99) price target by JPMorgan Chase & Co. in a research note issued to investors on Thursday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price target points to a potential upside of 3.73% from the stock’s current price.

ZAL has been the topic of several other research reports. Bank of America set a €18.00 ($18.56) price target on Zalando in a research report on Friday, June 24th. Baader Bank set a €30.00 ($30.93) price target on Zalando in a research report on Thursday. Royal Bank of Canada set a €35.00 ($36.08) price target on Zalando in a research report on Monday, August 1st. Warburg Research set a €55.00 ($56.70) price target on Zalando in a research report on Thursday, July 7th. Finally, Berenberg Bank set a €36.00 ($37.11) target price on Zalando in a research report on Tuesday, May 10th.

Zalando Stock Performance

Shares of ZAL stock opened at €30.85 ($31.80) on Thursday. Zalando has a 52-week low of €36.33 ($37.45) and a 52-week high of €49.86 ($51.40). The stock’s 50-day moving average price is €28.51 and its 200 day moving average price is €42.19.

About Zalando

(Get Rating)

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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