Zalando (FRA:ZAL) PT Set at €30.00 by Baader Bank

Zalando (FRA:ZALGet Rating) has been given a €30.00 ($30.93) target price by investment analysts at Baader Bank in a research report issued on Thursday, Borsen Zeitung reports. Baader Bank’s price objective suggests a potential downside of 2.76% from the stock’s previous close.

ZAL has been the topic of several other reports. Barclays set a €30.00 ($30.93) price objective on Zalando in a research note on Tuesday, July 19th. Bank of America set a €18.00 ($18.56) price objective on Zalando in a research note on Friday, June 24th. UBS Group set a €87.00 ($89.69) target price on Zalando in a research note on Thursday, May 5th. Credit Suisse Group set a €35.00 ($36.08) target price on Zalando in a research note on Tuesday, June 21st. Finally, Warburg Research set a €55.00 ($56.70) target price on Zalando in a research note on Thursday, July 7th.

Zalando Stock Performance

Shares of ZAL opened at €30.85 ($31.80) on Thursday. The business’s fifty day moving average price is €28.51 and its 200 day moving average price is €42.19. Zalando has a 12-month low of €36.33 ($37.45) and a 12-month high of €49.86 ($51.40).

About Zalando

(Get Rating)

Zalando SE operates an online platform for fashion and lifestyle products. It provides clothing, footwear, accessories, and beauty products with free delivery and returns. The company also sells its products through its Zalando Lounge; and brick-and-mortar outlet stores in Berlin, Frankfurt, Cologne, Leipzig, Hamburg, Hanover, M√ľnster, Stuttgart, Mannheim, and Ulm.

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