Zalando SE (FRA:ZAL) has been assigned a €51.00 ($59.30) price objective by investment analysts at Macquarie in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock. Macquarie’s price objective would indicate a potential upside of 27.25% from the company’s current price.

A number of other equities research analysts also recently issued reports on ZAL. Kepler Capital Markets set a €44.00 ($51.16) price target on shares of Zalando SE and gave the stock a “buy” rating in a report on Friday, August 11th. Citigroup Inc. set a €53.00 ($61.63) price target on shares of Zalando SE and gave the stock a “buy” rating in a report on Wednesday. Hauck & Aufhaeuser set a €48.00 ($55.81) price target on shares of Zalando SE and gave the stock a “buy” rating in a report on Wednesday. equinet AG set a €44.50 ($51.74) price target on shares of Zalando SE and gave the stock a “buy” rating in a report on Wednesday. Finally, J P Morgan Chase & Co set a €35.00 ($40.70) price target on shares of Zalando SE and gave the stock a “neutral” rating in a report on Friday, August 11th. Four analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of €44.90 ($52.21).

Shares of Zalando SE (FRA:ZAL) opened at €40.08 ($46.60) on Thursday. Zalando SE has a fifty-two week low of €33.81 ($39.31) and a fifty-two week high of €45.37 ($52.76).

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Analyst Recommendations for Zalando SE (FRA:ZAL)

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