Zalando (FRA:ZAL) received a €38.00 ($44.19) price target from equities researchers at Credit Suisse Group in a report issued on Friday. The firm presently has a “buy” rating on the stock. Credit Suisse Group’s price objective suggests a potential upside of 15.78% from the company’s previous close.

Several other equities research analysts have also recently issued reports on ZAL. Kepler Capital Markets set a €46.00 ($53.49) price target on shares of Zalando and gave the stock a “neutral” rating in a research note on Friday, July 20th. Commerzbank set a €36.00 ($41.86) price target on shares of Zalando and gave the stock a “neutral” rating in a research note on Tuesday, October 9th. Barclays set a €52.00 ($60.47) price target on shares of Zalando and gave the stock a “buy” rating in a research note on Tuesday, September 18th. UBS Group set a €38.00 ($44.19) price target on shares of Zalando and gave the stock a “sell” rating in a research note on Tuesday, September 18th. Finally, Independent Research set a €46.00 ($53.49) price target on shares of Zalando and gave the stock a “neutral” rating in a research note on Wednesday, August 8th. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of €43.11 ($50.13).

Zalando stock opened at €32.82 ($38.16) on Friday. Zalando has a 12-month low of €36.33 ($42.24) and a 12-month 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.

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Analyst Recommendations for Zalando (FRA:ZAL)

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