Zalando (ZAL) PT Set at €54.00 by Commerzbank
ZAL has been the subject of a number of other reports. Baader Bank set a €48.00 ($59.26) price target on Zalando and gave the stock a buy rating in a report on Tuesday, November 7th. Royal Bank of Canada set a €35.00 ($43.21) price target on Zalando and gave the stock a sell rating in a report on Monday, November 13th. Credit Suisse Group set a €45.00 ($55.56) price target on Zalando and gave the stock a buy rating in a report on Monday, November 13th. Morgan Stanley set a €55.00 ($67.90) price target on Zalando and gave the stock a buy rating in a report on Friday, December 8th. Finally, Macquarie set a €51.00 ($62.96) price target on Zalando and gave the stock a buy rating in a report on Thursday, November 9th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of Hold and an average target price of €46.07 ($56.87).
Zalando (ZAL) opened at €43.00 ($53.09) on Thursday. Zalando has a twelve month low of €35.49 ($43.81) and a twelve month high of €49.86 ($61.56). The company has a market capitalization of $10,640.00 and a price-to-earnings ratio of 107.50.
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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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