Commerzbank Reiterates “€47.00” Price Target for Zalando (ZAL)

Commerzbank set a €47.00 ($55.95) price objective on Zalando (FRA:ZAL) in a report issued on Thursday. The firm currently has a buy rating on the stock.

Several other analysts have also recently commented on the stock. Hauck & Aufhaeuser set a €48.00 ($57.14) price target on shares of Zalando and gave the stock a buy rating in a report on Thursday, November 30th. Morgan Stanley set a €48.00 ($57.14) price target on shares of Zalando and gave the stock a buy rating in a report on Monday, November 20th. Credit Suisse Group set a €45.00 ($53.57) price target on shares of Zalando and gave the stock a buy rating in a report on Monday, November 13th. Royal Bank Of Canada set a €35.00 ($41.67) price target on shares of Zalando and gave the stock a sell rating in a report on Monday, November 13th. Finally, Macquarie set a €51.00 ($60.71) price target on shares of Zalando and gave the stock a buy rating in a report on Thursday, November 9th. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of €45.08 ($53.66).

Shares of Zalando (FRA ZAL) opened at €45.39 ($54.04) on Thursday. Zalando has a fifty-two week low of €34.77 ($41.39) and a fifty-two week high of €45.60 ($54.29).

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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.

Analyst Recommendations for Zalando (FRA:ZAL)

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