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

Zalando (FRA:ZAL) has been assigned a €40.00 ($46.51) price objective by research analysts at Warburg Research in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock. Warburg Research’s target price would indicate a potential upside of 28.41% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. Baader Bank set a €56.00 ($65.12) price target on Zalando and gave the stock a “buy” rating in a research note on Tuesday, August 7th. Royal Bank of Canada set a €54.00 ($62.79) price target on Zalando and gave the stock a “buy” rating in a research note on Tuesday, August 7th. Commerzbank set a €53.00 ($61.63) price target on Zalando and gave the stock a “buy” rating in a research note on Wednesday, August 8th. Barclays set a €52.00 ($60.47) price target on Zalando and gave the stock a “buy” rating in a research note on Wednesday, August 8th. Finally, Macquarie set a €50.00 ($58.14) price target on Zalando and gave the stock a “buy” rating in a research note on Tuesday, September 18th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of €41.60 ($48.37).

FRA:ZAL opened at €31.15 ($36.22) on Wednesday. Zalando has a 1 year low of €36.33 ($42.24) and a 1 year high of €49.86 ($57.98).

Zalando 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.

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Analyst Recommendations for Zalando (FRA:ZAL)

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