Several other research analysts have also recently commented on the company. Morgan Stanley set a €55.00 ($67.90) price target on Zalando and gave the stock a buy rating in a research note on Friday, December 8th. Commerzbank set a €54.00 ($66.67) price objective on Zalando and gave the company a buy rating in a report on Tuesday, February 6th. Royal Bank of Canada set a €55.00 ($67.90) price objective on Zalando and gave the company a buy rating in a report on Monday, March 12th. UBS set a €35.00 ($43.21) price objective on Zalando and gave the company a sell rating in a report on Monday, January 1st. Finally, Barclays set a €51.00 ($62.96) price objective on Zalando and gave the company a buy rating in a report on Friday, March 2nd. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of €46.70 ($57.66).
Shares of FRA:ZAL traded up €0.99 ($1.22) during trading on Friday, hitting €44.20 ($54.57). The company’s stock had a trading volume of 338,282 shares. Zalando has a fifty-two week low of €36.33 ($44.85) and a fifty-two week high of €49.86 ($61.56).
Zalando SE operates as an online fashion retailer in Europe. The company offers a range of products, including clothes, shoes, and accessories for women, men, and children. Zalando SE also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.
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