Berenberg Bank Analysts Give Zalando SE (FRA:ZAL) a €33.00 Price Target
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.
COPYRIGHT VIOLATION WARNING: This story was first published by Daily Political and is the property of of Daily Political. If you are accessing this story on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this story can be accessed at https://www.dailypolitical.com/2017/08/11/berenberg-bank-analysts-give-zalando-se-frazal-a-33-00-price-target.html.
Receive News & Ratings for Zalando SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zalando SE and related companies with MarketBeat.com's FREE daily email newsletter.