Zalando (FRA:ZAL) Given a €43.00 Price Target by Credit Suisse Group Analysts

Zalando (FRA:ZALGet Rating) has been assigned a €43.00 ($45.26) price objective by stock analysts at Credit Suisse Group in a report issued on Friday, Borsen Zeitung reports. Credit Suisse Group’s price objective suggests a potential upside of 29.48% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on ZAL. Berenberg Bank set a €52.00 ($54.74) target price on shares of Zalando in a report on Monday, March 7th. Royal Bank of Canada set a €110.00 ($115.79) target price on Zalando in a report on Thursday. Deutsche Bank Rese… set a €76.00 ($80.00) price target on Zalando in a research report on Thursday, April 7th. The Goldman Sachs Group set a €118.00 ($124.21) price objective on shares of Zalando in a research report on Thursday. Finally, Hauck and Aufhaeuser set a €70.00 ($73.68) target price on shares of Zalando in a report on Wednesday, April 6th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, Zalando presently has an average rating of “Buy” and an average target price of €85.07 ($89.54).

FRA ZAL traded down €3.94 ($4.15) on Friday, hitting €33.21 ($34.96). 3,327,991 shares of the stock traded hands. The business’s fifty day moving average is €46.03 and its two-hundred day moving average is €62.77. Zalando has a 12 month low of €36.33 ($38.24) and a 12 month high of €49.86 ($52.48).

Zalando Company Profile (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.

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Analyst Recommendations for Zalando (FRA:ZAL)

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