Macquarie Analysts Give Zalando SE (ZAL) a €51.00 Price Target

Macquarie set a €51.00 ($59.30) price target on Zalando SE (FRA:ZAL) in a research note published on Thursday. The firm currently has a buy rating on the stock.

Several other brokerages also recently issued reports on ZAL. Deutsche Bank AG set a €34.00 ($39.53) target price on shares of Zalando SE and gave the company a sell rating in a research note on Monday, October 2nd. Barclays PLC set a €49.75 ($57.85) target price on shares of Zalando SE and gave the company a buy rating in a research note on Tuesday, July 18th. Kepler Capital Markets set a €44.00 ($51.16) target price on shares of Zalando SE and gave the company a buy rating in a research note on Friday, August 11th. J P Morgan Chase & Co set a €35.00 ($40.70) target price on shares of Zalando SE and gave the company a neutral rating in a research note on Tuesday, October 3rd. Finally, Berenberg Bank set a €33.00 ($38.37) target price on shares of Zalando SE and gave the company a sell rating in a research note on Friday, July 21st. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and fourteen have given a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of €44.90 ($52.21).

Shares of Zalando SE (FRA:ZAL) opened at €40.08 ($46.60) on Thursday. Zalando SE has a one year low of €33.81 ($39.31) and a one year high of €45.37 ($52.76).

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Zalando SE 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.

Analyst Recommendations for Zalando SE (FRA:ZAL)

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