DZ Bank Reiterates Neutral Rating for Zalando (OTCMKTS:ZLDSF)

Zalando (OTCMKTS:ZLDSF)‘s stock had its “neutral” rating reiterated by equities researchers at DZ Bank in a report released on Monday, Borsen Zeitung reports.

Other analysts have also recently issued research reports about the stock. UBS Group reissued a “sell” rating on shares of Zalando in a research note on Friday, June 5th. Royal Bank of Canada reissued a “buy” rating on shares of Zalando in a research note on Monday, April 27th.

ZLDSF opened at $71.20 on Monday. Zalando has a twelve month low of $32.50 and a twelve month high of $71.70. The company has a 50-day moving average price of $61.60 and a 200 day moving average price of $48.96.

About Zalando

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

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