Hauck & Aufhaeuser Analysts Give Zalando (ZAL) a €44.00 Price Target
Several other brokerages also recently weighed in on ZAL. Commerzbank set a €54.00 ($62.79) price target on Zalando and gave the company a buy rating in a report on Friday, July 27th. DZ Bank restated a sell rating on shares of Zalando in a report on Wednesday, July 11th. JPMorgan Chase & Co. set a €39.00 ($45.35) price objective on Zalando and gave the stock a neutral rating in a report on Friday, August 3rd. Warburg Research set a €55.00 ($63.95) price objective on Zalando and gave the stock a buy rating in a report on Monday, July 23rd. Finally, Oddo Bhf set a €30.00 ($34.88) price objective on Zalando and gave the stock a sell rating in a report on Monday, August 6th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of €41.60 ($48.37).
Shares of ZAL opened at €31.40 ($36.51) on Wednesday. Zalando has a fifty-two week low of €36.33 ($42.24) and a fifty-two week high of €49.86 ($57.98).
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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