Zalando SE (FRA:ZAL) Given a €49.75 Price Target by Barclays PLC Analysts

Zalando SE (FRA:ZAL) has been assigned a €49.75 ($58.53) price target by equities research analysts at Barclays PLC in a research note issued to investors on Tuesday, July 18th. The firm currently has a “buy” rating on the stock.

ZAL has been the topic of a number of other research reports. Deutsche Bank AG set a €36.00 ($42.35) price target on shares of Zalando SE and gave the company a “neutral” rating in a research report on Saturday, May 20th. Hauck & Aufhaeuser set a €50.00 ($58.82) price objective on shares of Zalando SE and gave the stock a “buy” rating in a research report on Wednesday, June 7th. Royal Bank Of Canada set a €42.00 ($49.41) price objective on shares of Zalando SE and gave the stock a “neutral” rating in a research report on Monday, June 19th. Goldman Sachs Group, Inc. (The) set a €48.00 ($56.47) price objective on shares of Zalando SE and gave the stock a “buy” rating in a research report on Saturday, May 20th. Finally, Commerzbank Ag set a €50.00 ($58.82) price objective on shares of Zalando SE and gave the stock a “buy” rating in a research report on Wednesday, June 21st. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and twelve have issued a buy rating to the company’s stock. Zalando SE has a consensus rating of “Hold” and an average target price of €45.74 ($53.81).

Shares of Zalando SE (ZAL) opened at 39.78 on Tuesday. Zalando SE has a 12-month low of €32.20 and a 12-month high of €45.37. The firm’s 50-day moving average price is €40.29 and its 200 day moving average price is €39.14. The stock has a market capitalization of €10.14 billion and a P/E ratio of 86.29.

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