Warburg Research Analysts Give Zalando (ZAL) a €40.00 Price Target

Warburg Research set a €40.00 ($46.51) price target on Zalando (FRA:ZAL) in a report published on Wednesday. The firm currently has a buy rating on the stock.

ZAL has been the subject of several other reports. Kepler Capital Markets set a €46.00 ($53.49) price objective on shares of Zalando and gave the company a neutral rating in a report on Friday, July 20th. Royal Bank of Canada set a €54.00 ($62.79) price objective on shares of Zalando and gave the company a buy rating in a report on Tuesday, August 7th. Credit Suisse Group set a €40.00 ($46.51) price objective on shares of Zalando and gave the company a neutral rating in a report on Tuesday, September 18th. Oddo Bhf set a €30.00 ($34.88) price objective on shares of Zalando and gave the company a sell rating in a report on Monday, August 6th. Finally, Independent Research set a €46.00 ($53.49) price objective on shares of Zalando and gave the company a neutral rating in a report on Wednesday, August 8th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of €41.60 ($48.37).

Shares of FRA:ZAL opened at €31.40 ($36.51) on Wednesday. Zalando has a 52 week low of €36.33 ($42.24) and a 52 week high of €49.86 ($57.98).

About Zalando

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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Analyst Recommendations for Zalando (FRA:ZAL)

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