Zalando (FRA:ZAL) Given a €95.00 Price Target by Warburg Research Analysts

Warburg Research set a €95.00 ($100.00) target price on Zalando (FRA:ZALGet Rating) in a research report sent to investors on Thursday morning, Borsen Zeitung reports.

A number of other research analysts have also recently issued reports on ZAL. Credit Suisse Group set a €74.00 ($77.89) target price on Zalando in a research note on Thursday, March 3rd. The Goldman Sachs Group set a €118.00 ($124.21) price target on Zalando in a report on Tuesday, March 1st. Barclays set a €84.00 ($88.42) price target on Zalando in a report on Tuesday, April 5th. Royal Bank of Canada set a €110.00 ($115.79) price target on Zalando in a report on Thursday. Finally, Berenberg Bank set a €52.00 ($54.74) price target on Zalando in a report on Monday, March 7th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, Zalando has an average rating of Buy and a consensus target price of €87.13 ($91.72).

FRA:ZAL opened at €33.21 ($34.96) on Thursday. Zalando has a 1 year low of €36.33 ($38.24) and a 1 year high of €49.86 ($52.48). The stock has a 50-day moving average price of €46.03 and a two-hundred day moving average price of €62.77.

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.

Featured Articles

Analyst Recommendations for Zalando (FRA:ZAL)

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.