Royal Bank Of Canada Analysts Give Zalando SE (FRA:ZAL) a €35.00 Price Target

Zalando SE (FRA:ZAL) has been given a €35.00 ($41.18) target price by research analysts at Royal Bank Of Canada in a report issued on Monday, July 24th. The brokerage presently has a “sell” rating on the stock.

Several other equities research analysts also recently commented on the stock. Barclays PLC set a €49.75 ($58.53) target price on shares of Zalando SE and gave the stock a “buy” rating in a research report on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €48.00 ($56.47) target price on shares of Zalando SE and gave the company a “buy” rating in a research report on Tuesday, June 20th. Baader Bank set a €48.00 ($56.47) price target on shares of Zalando SE and gave the company a “buy” rating in a research note on Wednesday, June 21st. Commerzbank Ag set a €50.00 ($58.82) target price on shares of Zalando SE and gave the stock a “buy” rating in a research note on Wednesday, June 21st. Finally, Hauck & Aufhaeuser set a €50.00 ($58.82) price target on shares of Zalando SE and gave the stock a “buy” rating in a report on Wednesday, June 7th. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of €44.78 ($52.69).

Zalando SE (ZAL) traded down 0.507% on Monday, hitting €40.452. The stock had a trading volume of 1,776 shares. The firm has a market capitalization of €10.00 billion and a price-to-earnings ratio of 89.893. Zalando SE has a 1-year low of €33.81 and a 1-year high of €45.37. The company’s 50 day moving average is €39.44 and its 200-day moving average is €39.37.

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