Berenberg Bank Analysts Give Zalando (FRA:ZAL) a €26.00 Price Target

Berenberg Bank set a €26.00 ($26.53) price objective on Zalando (FRA:ZALGet Rating) in a report issued on Thursday morning, Borsen Zeitung reports.

A number of other analysts have also recently commented on ZAL. JPMorgan Chase & Co. set a €34.00 ($34.69) price target on Zalando in a research report on Wednesday, September 7th. Barclays set a €28.00 ($28.57) target price on Zalando in a research report on Wednesday, September 7th. Morgan Stanley set a €34.00 ($34.69) target price on Zalando in a research report on Monday, July 4th. Bank of America set a €18.00 ($18.37) target price on Zalando in a research report on Friday, June 24th. Finally, Baader Bank set a €30.00 ($30.61) target price on Zalando in a research report on Thursday, August 4th.

Zalando Stock Performance

Shares of ZAL opened at €20.00 ($20.41) on Thursday. The business has a 50-day simple moving average of €25.94 and a two-hundred day simple moving average of €33.43. Zalando has a 52 week low of €36.33 ($37.07) and a 52 week high of €49.86 ($50.88).

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.

Further Reading

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