Zalando SE (FRA:ZAL) received a €48.00 ($55.81) price objective from Morgan Stanley in a research note issued to investors on Monday. The firm currently has a “buy” rating on the stock. Morgan Stanley’s price target would indicate a potential upside of 15.93% from the company’s previous close.

Several other research analysts have also recently weighed in on the stock. Credit Suisse Group set a €45.00 ($52.33) price target on shares of Zalando SE and gave the company a “buy” rating in a report on Monday, November 13th. Royal Bank Of Canada set a €35.00 ($40.70) price target on shares of Zalando SE and gave the company a “sell” rating in a report on Monday, November 13th. Macquarie set a €51.00 ($59.30) price target on shares of Zalando SE and gave the company a “buy” rating in a report on Thursday, November 9th. Warburg Research set a €52.00 ($60.47) price target on shares of Zalando SE and gave the company a “buy” rating in a report on Thursday, November 9th. Finally, Citigroup Inc. set a €53.00 ($61.63) price target on shares of Zalando SE and gave the company a “buy” rating in a report on Wednesday, November 8th. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of €44.78 ($52.06).

Zalando SE (FRA ZAL) opened at €41.41 ($48.15) on Monday. Zalando SE has a fifty-two week low of €33.81 ($39.31) and a fifty-two week high of €45.37 ($52.76).

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Zalando SE Company Profile

Zalando SE operates as an online fashion retailer in Europe. The company offers a range of products, including clothes, shoes, and accessories for women, men, and children. Zalando SE also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.

Analyst Recommendations for Zalando SE (FRA:ZAL)

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