Baader Bank set a €56.00 ($65.12) target price on Zalando (FRA:ZAL) in a research report released on Tuesday morning. The brokerage currently has a buy rating on the stock.

Several other analysts have also recently weighed in on ZAL. Kepler Capital Markets set a €46.00 ($53.49) price objective on shares of Zalando and gave the stock a neutral rating in a research note on Friday, July 20th. Credit Suisse Group set a €46.00 ($53.49) price objective on shares of Zalando and gave the stock a neutral rating in a research note on Wednesday, August 8th. Barclays set a €52.00 ($60.47) price objective on shares of Zalando and gave the stock a buy rating in a research note on Tuesday, September 18th. Independent Research set a €46.00 ($53.49) target price on shares of Zalando and gave the stock a neutral rating in a research report on Wednesday, August 8th. Finally, Commerzbank set a €53.00 ($61.63) target price on shares of Zalando and gave the stock a buy rating in a research report on Wednesday, August 8th. Five analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of €42.61 ($49.55).

Shares of Zalando stock opened at €33.29 ($38.71) on Tuesday. Zalando has a 1-year low of €36.33 ($42.24) and a 1-year high of €49.86 ($57.98).

Zalando Company Profile

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.

Further Reading: What is the yield curve?

Analyst Recommendations for Zalando (FRA:ZAL)

Receive News & Ratings for Zalando Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zalando and related companies with MarketBeat.com's FREE daily email newsletter.