Zalando (FRA:ZAL) Given a €80.00 Price Target at Warburg Research

Warburg Research set a €80.00 ($84.21) price objective on Zalando (FRA:ZAL – Get Rating) in a report released on Tuesday, Borsen Zeitung reports.

ZAL has been the topic of a number of other reports. Berenberg Bank set a €36.00 ($37.89) target price on Zalando in a research note on Tuesday, May 10th. Deutsche Bank Aktiengesellschaft set a €77.00 ($81.05) target price on Zalando in a research note on Tuesday, March 8th. Deutsche Bank Rese… set a €76.00 ($80.00) target price on Zalando in a research note on Wednesday, May 25th. Morgan Stanley set a €38.00 ($40.00) target price on Zalando in a research note on Friday, June 17th. Finally, Royal Bank of Canada set a €60.00 ($63.16) price objective on Zalando in a research report on Monday.

FRA ZAL opened at €25.54 ($26.88) on Tuesday. Zalando has a 12 month low of €36.33 ($38.24) and a 12 month high of €49.86 ($52.48). The stock’s fifty day moving average price is €35.37 and its 200-day moving average price is €51.96.

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.

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