Baader Bank set a €56.00 ($65.12) price objective on Zalando (FRA:ZAL) in a report published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

ZAL has been the topic of several other research reports. Hauck & Aufhaeuser set a €45.00 ($52.33) price target on shares of Zalando and gave the stock a neutral rating in a research report on Tuesday, September 17th. Deutsche Bank set a €42.00 ($48.84) price target on shares of Zalando and gave the stock a neutral rating in a research report on Friday, August 2nd. Independent Research set a €44.00 ($51.16) price target on shares of Zalando and gave the stock a neutral rating in a research report on Thursday, October 31st. Kepler Capital Markets set a €48.00 ($55.81) price target on shares of Zalando and gave the stock a neutral rating in a research report on Wednesday, September 18th. Finally, Credit Suisse Group set a €50.00 ($58.14) price target on shares of Zalando and gave the stock a buy rating in a research report on Monday, November 4th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of €41.94 ($48.76).

Shares of ZAL stock traded up €0.73 ($0.85) during trading hours on Thursday, hitting €38.85 ($45.17). 405,029 shares of the company were exchanged. Zalando has a one year low of €36.33 ($42.24) and a one year high of €49.86 ($57.98). The business’s 50-day simple moving average is €40.59 and its two-hundred day simple moving average is €40.59.

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.

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Analyst Recommendations for Zalando (FRA:ZAL)

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