Zalando (FRA:ZAL) Given a €44.30 Price Target by Barclays Analysts

Barclays set a €44.30 ($51.51) price objective on Zalando (FRA:ZAL) in a report published on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other analysts also recently weighed in on ZAL. Goldman Sachs Group set a €46.00 ($53.49) price target on shares of Zalando and gave the company a neutral rating in a research report on Thursday, February 27th. Baader Bank set a €56.00 ($65.12) price target on shares of Zalando and gave the company a buy rating in a research report on Thursday, February 27th. JPMorgan Chase & Co. set a €34.00 ($39.53) price target on shares of Zalando and gave the company a neutral rating in a research report on Tuesday, January 21st. Nord/LB set a €40.00 ($46.51) price target on shares of Zalando and gave the company a neutral rating in a research report on Monday, January 13th. Finally, Berenberg Bank set a €21.00 ($24.42) price target on shares of Zalando and gave the company a sell rating in a research report on Wednesday, February 26th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the stock. Zalando currently has an average rating of Hold and a consensus price target of €43.38 ($50.44).

Shares of FRA:ZAL opened at €36.24 ($42.14) on Monday. The firm’s 50 day simple moving average is €40.13 and its 200 day simple moving average is €41.85. Zalando has a fifty-two week low of €36.33 ($42.24) and a fifty-two week high of €49.86 ($57.98).

Zalando Company Profile

Zalando SE operates as an online fashion and lifestyle retailer in Europe. It offers a range of products, including shoes, apparel, accessories, and beauty products for women, men, and children. The company also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.

Read More: Return on Investment (ROI)

Analyst Recommendations for Zalando (FRA:ZAL)

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