JPMorgan Chase & Co. set a €28.00 ($32.56) price target on Zalando (FRA:ZAL) in a report published on Friday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other research analysts have also recently issued research reports about the stock. Royal Bank of Canada set a €41.00 ($47.67) price target on shares of Zalando and gave the company a buy rating in a report on Thursday, May 2nd. Warburg Research set a €44.00 ($51.16) price target on shares of Zalando and gave the company a neutral rating in a report on Wednesday, April 17th. Independent Research set a €40.00 ($46.51) price target on shares of Zalando and gave the company a neutral rating in a report on Tuesday, April 16th. Goldman Sachs Group set a €35.00 ($40.70) target price on shares of Zalando and gave the stock a neutral rating in a report on Tuesday, April 16th. Finally, Baader Bank set a €38.00 ($44.19) target price on shares of Zalando and gave the stock a buy rating in a report on Tuesday, April 16th. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of €36.99 ($43.01).

Zalando stock opened at €41.20 ($47.91) on Friday. Zalando has a twelve month low of €36.33 ($42.24) and a twelve month high of €49.86 ($57.98). The firm has a 50 day moving average of €37.63.

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.

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Analyst Recommendations for Zalando (FRA:ZAL)

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