Zalando SE (FRA:ZAL) Receives €85.07 Consensus PT from Analysts

Zalando SE (FRA:ZALGet Rating) has been given a consensus rating of “Buy” by the fifteen analysts that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is €81.87 ($86.18).

A number of analysts have recently weighed in on ZAL shares. Deutsche Bank Aktiengesellschaft set a €77.00 ($81.05) target price on shares of Zalando in a research report on Tuesday, March 8th. Royal Bank of Canada set a €110.00 ($115.79) price objective on shares of Zalando in a research report on Thursday, May 5th. JPMorgan Chase & Co. set a €90.00 ($94.74) price objective on shares of Zalando in a research report on Thursday, May 5th. Deutsche Bank Rese… set a €76.00 ($80.00) price objective on shares of Zalando in a research report on Friday, May 6th. Finally, UBS Group set a €87.00 ($91.58) price objective on shares of Zalando in a research report on Thursday, May 5th.

Shares of FRA:ZAL traded up €1.03 ($1.08) during midday trading on Monday, reaching €34.12 ($35.92). The company’s stock had a trading volume of 1,252,340 shares. The firm has a 50 day moving average of €43.62 and a 200-day moving average of €60.90. Zalando has a 12-month low of €36.33 ($38.24) and a 12-month high of €49.86 ($52.48).

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.

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Analyst Recommendations for Zalando (FRA:ZAL)

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