JPMorgan Chase & Co. Analysts Give Zalando (FRA:ZAL) a €35.00 Price Target

JPMorgan Chase & Co. set a €35.00 ($37.23) price target on Zalando (FRA:ZAL – Get Rating) in a research note published on Tuesday, Borsen Zeitung reports.

Other equities analysts have also issued reports about the company. Baader Bank set a €50.00 ($53.19) price target on Zalando in a research note on Tuesday. Warburg Research set a €52.00 ($55.32) price target on Zalando in a research note on Tuesday. The Goldman Sachs Group set a €49.00 ($52.13) price target on Zalando in a research note on Tuesday, February 21st. Credit Suisse Group set a €46.00 ($48.94) target price on Zalando in a research report on Thursday, February 23rd. Finally, Barclays set a €35.00 ($37.23) target price on Zalando in a research report on Monday, January 30th.

Zalando Price Performance

Shares of ZAL opened at €37.80 ($40.21) on Tuesday. Zalando has a 52-week low of €36.33 ($38.65) and a 52-week high of €49.86 ($53.04). The business’s 50 day moving average price is €39.99 and its two-hundred day moving average price is €30.83.

Zalando Company Profile

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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.