Zalando SE (ZAL) PT Set at €48.00 by equinet AG

Zalando SE (FRA:ZAL) has been assigned a €48.00 ($57.14) price target by investment analysts at equinet AG in a research note issued on Monday. The brokerage currently has a “buy” rating on the stock.

ZAL has been the topic of a number of other reports. Hauck & Aufhaeuser set a €50.00 ($59.52) price objective on shares of Zalando SE and gave the company a “buy” rating in a research note on Wednesday, June 7th. Barclays PLC set a €49.75 ($59.23) price objective on shares of Zalando SE and gave the company a “buy” rating in a research note on Saturday, May 20th. UBS AG set a €35.00 ($41.67) price objective on shares of Zalando SE and gave the company a “sell” rating in a research note on Thursday, August 10th. Morgan Stanley set a €46.00 ($54.76) price objective on shares of Zalando SE and gave the company a “buy” rating in a research note on Wednesday, June 21st. Finally, Societe Generale set a €67.00 ($79.76) price objective on shares of Zalando SE and gave the company a “buy” rating in a research note on Tuesday, July 11th. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and thirteen have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of €44.79 ($53.33).

Shares of Zalando SE (FRA ZAL) opened at 41.77 on Monday. Zalando SE has a 52-week low of €33.81 and a 52-week high of €45.37. The company has a 50-day moving average of €39.42 and a 200 day moving average of €39.70. The stock has a market cap of €10.33 billion and a P/E ratio of 92.82.

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