The Commerzbank Ag Analysts Give Zalando SE (ZAL) a €48.00 Price Target

The Commerzbank Ag Analysts Give Zalando SE (ZAL) a €48.00 Price Target

Commerzbank Ag set a €48.00 ($56.47) price objective on Zalando SE (FRA:ZAL) in a report issued on Tuesday morning. The firm currently has a buy rating on the stock.

Several other equities research analysts have also issued reports on the stock. 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 Tuesday, July 4th. Royal Bank Of Canada set a €38.00 ($44.71) price objective on shares of Zalando SE and gave the stock a sell rating in a research report on Monday, June 26th. Berenberg Bank set a €33.00 ($38.82) price objective on shares of Zalando SE and gave the stock a sell rating in a research report on Friday, July 21st. Deutsche Bank AG set a €35.00 ($41.18) price objective on shares of Zalando SE and gave the stock a sell rating in a research report on Friday, June 30th. Finally, Societe Generale set a €67.00 ($78.82) price objective on shares of Zalando SE and gave the stock a buy rating in a research report on Tuesday, July 11th. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and thirteen have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of €45.11 ($53.07).

Zalando SE (ZAL) opened at 44.618 on Tuesday. The firm has a market cap of €11.03 billion and a P/E ratio of 99.151. Zalando SE has a 1-year low of €33.81 and a 1-year high of €45.37. The firm has a 50 day moving average of €41.61 and a 200 day moving average of €40.61.

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