Zalando (FRA:ZAL) Given a €52.00 Price Target at Warburg Research

Warburg Research set a €52.00 ($55.91) price target on Zalando (FRA:ZAL – Get Rating) in a report released on Monday, Borsen Zeitung reports.

A number of other equities research analysts have also recently commented on ZAL. Credit Suisse Group set a €33.00 ($35.48) target price on shares of Zalando in a research report on Friday, November 4th. The Goldman Sachs Group set a €42.00 ($45.16) price objective on Zalando in a research report on Monday, November 21st. JPMorgan Chase & Co. set a €34.00 ($36.56) target price on Zalando in a research report on Thursday, November 3rd. UBS Group set a €48.00 ($51.61) price target on Zalando in a report on Thursday, November 3rd. Finally, Barclays set a €29.00 ($31.18) price objective on shares of Zalando in a report on Friday, December 16th.

Zalando Price Performance

ZAL stock opened at €40.20 ($43.23) on Monday. Zalando has a one year low of €36.33 ($39.06) and a one year high of €49.86 ($53.61). The firm has a 50-day simple moving average of €31.06 and a two-hundred day simple moving average of €26.93.

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.