Other analysts also recently issued reports about the company. Warburg Research set a €55.00 ($56.12) price objective on Zalando in a research note on Thursday, August 4th. Morgan Stanley set a €34.00 ($34.69) price objective on Zalando in a research note on Monday, July 4th. Baader Bank set a €30.00 ($30.61) price objective on Zalando in a research note on Thursday, August 4th. HSBC set a €25.00 ($25.51) price target on Zalando in a report on Monday, June 27th. Finally, UBS Group set a €48.00 ($48.98) target price on Zalando in a research report on Wednesday, August 24th.
Zalando Stock Down 6.4 %
ZAL stock opened at €20.00 ($20.41) on Thursday. The stock’s 50 day simple moving average is €25.94 and its 200 day simple moving average is €33.43. Zalando has a fifty-two week low of €36.33 ($37.07) and a fifty-two week high of €49.86 ($50.88).
Zalando Company Profile
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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