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

Warburg Research set a €52.00 ($55.32) target price on Zalando (FRA:ZAL – Get Rating) in a research note published on Tuesday morning, Borsen Zeitung reports.

ZAL has been the topic of a number of other reports. Barclays set a €35.00 ($37.23) price objective on Zalando in a research report on Monday, January 30th. Baader Bank set a €50.00 ($53.19) price target on Zalando in a research report on Tuesday. Credit Suisse Group set a €46.00 ($48.94) price target on Zalando in a research report on Thursday, February 23rd. The Goldman Sachs Group set a €49.00 ($52.13) price target on Zalando in a research report on Tuesday, February 21st. Finally, JPMorgan Chase & Co. set a €35.00 ($37.23) price target on Zalando in a research report on Tuesday, January 17th.

Zalando Trading Down 3.4 %

Shares of ZAL opened at €37.80 ($40.21) on Tuesday. The business’s fifty day moving average price is €39.99 and its two-hundred day moving average price is €30.83. Zalando has a 52 week low of €36.33 ($38.65) and a 52 week high of €49.86 ($53.04).

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.