Zalando (FRA:ZAL) Given a €26.00 Price Target at Berenberg Bank

Berenberg Bank set a €26.00 ($26.53) target price on Zalando (FRA:ZALGet Rating) in a research note issued to investors on Thursday, Borsen Zeitung reports.

Several other equities analysts have also recently weighed in on ZAL. Barclays set a €28.00 ($28.57) price target on Zalando in a report on Wednesday, September 7th. Hauck Aufhäuser Investment Banking set a €55.00 ($56.12) price target on Zalando in a report on Tuesday, June 28th. JPMorgan Chase & Co. set a €34.00 ($34.69) price target on Zalando in a report on Wednesday, September 7th. Royal Bank of Canada set a €35.00 ($35.71) price target on Zalando in a report on Monday, September 12th. Finally, Deutsche Bank Aktiengesellschaft set a €42.00 ($42.86) price target on Zalando in a report on Thursday, August 4th.

Zalando Trading Down 6.4 %

FRA:ZAL opened at €20.00 ($20.41) on Thursday. Zalando has a 12-month low of €36.33 ($37.07) and a 12-month high of €49.86 ($50.88). The stock has a 50-day moving average price of €25.94 and a 200 day moving average price of €33.43.

Zalando Company Profile

(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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