Zalando (FRA:ZAL) Given a €48.00 Price Target at UBS Group

UBS Group set a €48.00 ($51.06) price target on Zalando (FRA:ZAL – Get Rating) in a research note issued to investors on Tuesday, Borsen Zeitung reports.

A number of other research analysts have also recently issued reports on ZAL. Barclays set a €35.00 ($37.23) price objective on Zalando in a research note on Monday, January 30th. Credit Suisse Group set a €46.00 ($48.94) price objective on Zalando in a research note on Thursday, February 23rd. Berenberg Bank set a €26.00 ($27.66) price objective on Zalando in a research note on Wednesday, November 23rd. Baader Bank set a €50.00 ($53.19) price objective on Zalando in a research note on Tuesday. Finally, Royal Bank of Canada set a €52.00 ($55.32) price objective on Zalando in a research note on Tuesday.

Zalando Stock Performance

ZAL opened at €37.80 ($40.21) on Tuesday. The business has a 50 day moving average of €39.99 and a 200-day moving average of €30.83. Zalando has a 52 week low of €36.33 ($38.65) and a 52 week high of €49.86 ($53.04).

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.