Zalando SE (OTCMKTS:ZLNDY) Receives Average Rating of “Buy” from Brokerages

Zalando SE (OTCMKTS:ZLNDYGet Rating) has received an average rating of “Buy” from the fourteen analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $80.83.

ZLNDY has been the subject of several research reports. JPMorgan Chase & Co. lowered their price objective on shares of Zalando from €101.00 ($108.60) to €90.00 ($96.77) in a research report on Thursday, March 3rd. UBS Group lowered their price objective on shares of Zalando from €101.00 ($108.60) to €96.50 ($103.76) in a research report on Tuesday, January 25th. Morgan Stanley lowered their price objective on shares of Zalando from €92.00 ($98.92) to €56.00 ($60.22) and set an “equal weight” rating for the company in a research report on Friday, March 11th. Bryan, Garnier & Co cut shares of Zalando to a “neutral” rating in a research report on Friday, March 4th. Finally, Zacks Investment Research upgraded shares of Zalando from a “sell” rating to a “hold” rating in a research report on Thursday.

ZLNDY opened at $21.79 on Friday. The company has a current ratio of 1.64, a quick ratio of 1.01 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $11.42 billion, a PE ratio of 34.05 and a beta of 1.41. Zalando has a 1-year low of $21.65 and a 1-year high of $62.11. The firm has a 50-day moving average price of $27.38 and a two-hundred day moving average price of $36.77.

About Zalando (Get Rating)

Zalando SE operates an online platform for fashion and lifestyle products. It provides clothing, footwear, accessories, and beauty products with free delivery and returns. The company also sells its products through its Zalando Lounge; and brick-and-mortar outlet stores in Berlin, Frankfurt, Cologne, Leipzig, Hamburg, Hanover, Münster, Stuttgart, Mannheim, and Ulm.

See Also

Analyst Recommendations for Zalando (OTCMKTS:ZLNDY)

Receive News & Ratings for Zalando Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zalando and related companies with MarketBeat.com's FREE daily email newsletter.