Zalando SE (ZAL) Given a €48.60 Price Target at Barclays PLC

Barclays PLC set a €48.60 ($57.18) target price on Zalando SE (FRA:ZAL) in a report published on Wednesday morning. The firm currently has a buy rating on the stock.

Other equities research analysts have also issued research reports about the company. Hauck & Aufhaeuser set a €50.00 ($58.82) price target on Zalando SE and gave the company 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 company a neutral rating in a research report on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) set a €48.00 ($56.47) price target on Zalando SE and gave the company a buy rating in a research report on Tuesday, July 4th. equinet AG set a €48.00 ($56.47) price target on Zalando SE and gave the company a buy rating in a research report on Thursday, August 10th. Finally, Macquarie set a €52.00 ($61.18) price target on Zalando SE and gave the company a buy rating in a research report on Friday, August 11th. Four analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of €45.51 ($53.54).

Zalando SE (FRA:ZAL) opened at 41.60 on Wednesday. The stock has a market cap of €10.29 billion and a price-to-earnings ratio of 92.44. The firm has a 50-day moving average price of €42.00 and a 200 day moving average price of €40.80. Zalando SE has a 1-year low of €33.81 and a 1-year high of €45.37.

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