Hauck & Aufhaeuser set a €45.00 ($52.33) target price on Zalando (FRA:ZAL) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other research analysts have also recently issued reports about the stock. Kepler Capital Markets set a €80.00 ($93.02) target price on shares of Fresenius Medical Care AG & Co. KGaA and gave the company a buy rating in a report on Thursday, May 2nd. Royal Bank of Canada cut shares of Zayo Group from an outperform rating to a sector perform rating and increased their target price for the company from $33.00 to $35.00 in a report on Wednesday, May 8th. Warburg Research set a €44.00 ($51.16) price objective on shares of Vossloh and gave the stock a neutral rating in a research note on Wednesday, April 17th. UBS Group cut shares of to a neutral rating and dropped their price objective for the stock from GBX 870 ($11.37) to GBX 650 ($8.49) in a research note on Wednesday, June 19th. Finally, Goldman Sachs Group raised shares of DUFRY AG/ADR to a hold rating in a research note on Friday, July 5th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company. Zalando has an average rating of Hold and an average target price of €36.99 ($43.01).
Shares of Zalando stock opened at €41.00 ($47.67) on Monday. Zalando has a 12-month low of €36.33 ($42.24) and a 12-month high of €49.86 ($57.98). The firm has a 50-day moving average of €38.57.
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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