Zalando SE (ZAL) Given a €47.50 Price Target at Credit Suisse Group

Credit Suisse Group set a €47.50 ($55.88) price target on Zalando SE (FRA:ZAL) in a research note issued to investors on Wednesday. The firm currently has a buy rating on the stock.

Several other research firms also recently weighed in on ZAL. Macquarie set a €55.00 ($64.71) price target on Zalando SE and gave the stock a buy rating in a research report on Monday, June 26th. Royal Bank Of Canada set a €38.00 ($44.71) price target on Zalando SE and gave the stock a sell rating in a research report on Monday, June 26th. Hauck & Aufhaeuser set a €50.00 ($58.82) price target on Zalando SE and gave the stock a buy rating in a research report on Thursday, June 22nd. J P Morgan Chase & Co set a €36.00 ($42.35) price target on Zalando SE and gave the stock a neutral rating in a research report on Thursday, June 22nd. Finally, Kepler Capital Markets set a €44.00 ($51.76) price target on Zalando SE and gave the stock a buy rating in a research report on Wednesday, June 21st. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and thirteen have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of €44.79 ($52.70).

Shares of Zalando SE (FRA ZAL) opened at 43.589 on Wednesday. The firm has a 50-day moving average price of €41.02 and a 200 day moving average price of €40.36. The stock has a market capitalization of €10.78 billion and a PE ratio of 96.864. Zalando SE has a one year low of €33.81 and a one year high of €45.37.

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