JPMorgan Chase & Co. Analysts Give Zalando (ZAL) a €28.00 Price Target

JPMorgan Chase & Co. set a €28.00 ($32.56) price target on Zalando (FRA:ZAL) in a report issued on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other analysts also recently issued research reports about the stock. Warburg Research set a €40.00 ($46.51) price objective on shares of Zalando and gave the stock a buy rating in a research note on Thursday, February 21st. Hauck & Aufhaeuser set a €43.00 ($50.00) price objective on shares of Zalando and gave the stock a buy rating in a research note on Monday, February 18th. Barclays set a €45.00 ($52.33) price objective on shares of Zalando and gave the stock a buy rating in a research note on Thursday, February 28th. Royal Bank of Canada set a €35.00 ($40.70) price objective on shares of Zalando and gave the stock a buy rating in a research note on Thursday, February 28th. Finally, Credit Suisse Group set a €37.00 ($43.02) price objective on shares of Zalando and gave the stock a buy rating in a research note on Wednesday, February 27th. Five research analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of €36.28 ($42.18).

Shares of FRA ZAL opened at €37.68 ($43.81) on Monday. Zalando has a 1 year low of €36.33 ($42.24) and a 1 year high of €49.86 ($57.98).

Zalando Company Profile

Zalando SE operates as an online fashion and lifestyle retailer in Europe. It offers a range of products, including shoes, apparel, accessories, and beauty products for women, men, and children. The company also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.

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Analyst Recommendations for Zalando (FRA:ZAL)

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