Royal Bank of Canada Analysts Give Zalando (FRA:ZAL) a €110.00 Price Target

Royal Bank of Canada set a €110.00 ($115.79) price objective on Zalando (FRA:ZALGet Rating) in a report published on Thursday morning, Borsen Zeitung reports.

Other analysts have also recently issued reports about the company. Deutsche Bank Rese… set a €76.00 ($80.00) price target on Zalando in a research report on Thursday, April 7th. Credit Suisse Group set a €74.00 ($77.89) price objective on Zalando in a research note on Thursday, March 3rd. Barclays set a €84.00 ($88.42) price objective on Zalando in a research note on Tuesday, April 5th. Warburg Research set a €95.00 ($100.00) target price on Zalando in a report on Tuesday, April 19th. Finally, Kepler Capital Markets set a €77.00 ($81.05) target price on shares of Zalando in a research report on Monday, January 10th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of Buy and a consensus price target of €85.07 ($89.54).

Shares of FRA ZAL opened at €33.42 ($35.18) on Thursday. The stock’s 50 day moving average price is €45.57 and its two-hundred day moving average price is €62.45. Zalando has a 52-week low of €36.33 ($38.24) and a 52-week high of €49.86 ($52.48).

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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Analyst Recommendations for Zalando (FRA:ZAL)

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