Credit Suisse Group Reiterates “€38.00” Price Target for Zalando (ZAL)
ZAL has been the topic of a number of other reports. Kepler Capital Markets set a €46.00 ($53.49) target price on Zalando and gave the stock a neutral rating in a research note on Monday, September 3rd. DZ Bank reiterated a sell rating on shares of Zalando in a research note on Wednesday, July 11th. Baader Bank set a €56.00 ($65.12) target price on Zalando and gave the stock a buy rating in a research note on Tuesday, October 30th. Morgan Stanley set a €44.00 ($51.16) target price on Zalando and gave the stock a buy rating in a research note on Monday, November 5th. Finally, Commerzbank set a €53.00 ($61.63) target price on Zalando and gave the stock a buy rating in a research note on Wednesday, August 8th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have given a buy rating to the stock. The company has an average rating of Hold and an average price target of €41.60 ($48.37).
FRA ZAL opened at €31.40 ($36.51) on Tuesday. Zalando has a one year low of €36.33 ($42.24) and a one year high of €49.86 ($57.98).
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.
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