Barclays Reiterates €44.30 Price Target for Zalando (FRA:ZAL)

Barclays set a €44.30 ($51.51) target price on Zalando (FRA:ZAL) in a research report report published on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Hauck & Aufhaeuser set a €45.00 ($52.33) target price on Zalando and gave the company a neutral rating in a research note on Friday, February 28th. Nord/LB set a €40.00 ($46.51) target price on Zalando and gave the company a neutral rating in a research note on Monday, January 13th. Berenberg Bank set a €21.00 ($24.42) target price on Zalando and gave the company a sell rating in a research note on Wednesday, February 26th. UBS Group set a €35.00 ($40.70) target price on Zalando and gave the company a sell rating in a research note on Wednesday, March 4th. Finally, Independent Research set a €44.00 ($51.16) target price on Zalando and gave the company a neutral rating in a research note on Monday, March 2nd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of €43.19 ($50.23).

FRA ZAL opened at €35.67 ($41.48) on Monday. The stock’s 50 day moving average price is €40.13 and its two-hundred day moving average price is €41.85. Zalando has a 52 week low of €36.33 ($42.24) and a 52 week high of €49.86 ($57.98).

About Zalando

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.

Further Reading: What is the price-sales ratio?

Analyst Recommendations for Zalando (FRA:ZAL)

Receive News & Ratings for Zalando Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zalando and related companies with MarketBeat.com's FREE daily email newsletter.