Zalando SE (FRA:ZAL) has been given a €33.00 ($38.82) price target by equities researchers at Berenberg Bank in a research note issued on Friday. The firm currently has a “sell” rating on the stock.

A number of other equities research analysts have also weighed in on the stock. Commerzbank Ag set a €50.00 ($58.82) price objective on shares of Zalando SE and gave the company a “buy” rating in a report on Wednesday, June 21st. Goldman Sachs Group, Inc. (The) set a €48.00 ($56.47) price objective on shares of Zalando SE and gave the company a “buy” rating in a report on Saturday, May 20th. Hauck & Aufhaeuser set a €50.00 ($58.82) price objective on shares of Zalando SE and gave the company a “buy” rating in a report on Thursday, June 1st. Royal Bank Of Canada set a €38.00 ($44.71) price objective on shares of Zalando SE and gave the company a “sell” rating in a report on Monday, June 26th. Finally, J P Morgan Chase & Co set a €36.00 ($42.35) price objective on shares of Zalando SE and gave the company a “neutral” rating in a report on Saturday, May 20th. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and twelve have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of €44.78 ($52.69).

Zalando SE (FRA ZAL) opened at 39.213 on Friday. Zalando SE has a 12-month low of €33.81 and a 12-month high of €45.37. The firm has a 50-day moving average of €39.57 and a 200 day moving average of €39.21. The stock has a market capitalization of €10.00 billion and a price-to-earnings ratio of 85.061.

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Analyst Recommendations for Zalando SE (FRA:ZAL)

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