Zalando SE (FRA:ZAL) Given Consensus Rating of “Buy” by Analysts

Shares of Zalando SE (FRA:ZAL) have been given an average recommendation of “Buy” by the seventeen analysts that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is €62.09 ($69.76).

ZAL has been the subject of several research analyst reports. JPMorgan Chase & Co. set a €53.00 ($59.55) price target on shares of Zalando and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Baader Bank set a €85.00 ($95.51) price objective on Zalando and gave the stock a “buy” rating in a report on Thursday. Barclays set a €65.50 ($73.60) target price on Zalando and gave the company a “buy” rating in a report on Tuesday, July 7th. UBS Group set a €64.00 ($71.91) price target on Zalando and gave the company a “neutral” rating in a research report on Thursday, July 16th. Finally, Berenberg Bank set a €31.00 ($34.83) price objective on Zalando and gave the stock a “sell” rating in a report on Friday, July 17th.

Shares of ZAL stock opened at €61.24 ($68.81) on Tuesday. The firm’s 50-day simple moving average is €64.21 and its 200-day simple moving average is €49.64. Zalando has a 1-year low of €36.33 ($40.82) and a 1-year high of €49.86 ($56.02).

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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