Royal Bank of Canada Analysts Give Zalando (ZAL) a €55.00 Price Target

Royal Bank of Canada set a €55.00 ($67.90) target price on Zalando (FRA:ZAL) in a research note issued to investors on Thursday morning. The brokerage currently has a buy rating on the stock.

A number of other research analysts also recently issued reports on the company. Commerzbank set a €54.00 ($66.67) price objective on Zalando and gave the company a buy rating in a research note on Tuesday, February 6th. UBS set a €35.00 ($43.21) price objective on Zalando and gave the company a sell rating in a research note on Monday, January 1st. Barclays set a €51.00 ($62.96) price objective on Zalando and gave the company a buy rating in a research note on Friday, March 2nd. Baader Bank set a €48.00 ($59.26) price objective on Zalando and gave the company a buy rating in a research note on Wednesday, December 20th. Finally, Societe Generale set a €51.00 ($62.96) price objective on Zalando and gave the company a neutral rating in a research note on Friday, March 2nd. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of €46.70 ($57.66).

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Shares of FRA:ZAL opened at €44.03 ($54.36) on Thursday. Zalando has a 1 year low of €36.33 ($44.85) and a 1 year high of €49.86 ($61.56).

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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.

Analyst Recommendations for Zalando (FRA:ZAL)

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