Zalando (FRA:ZAL) PT Set at €42.00 by Deutsche Bank Aktiengesellschaft

Zalando (FRA:ZALGet Rating) received a €42.00 ($43.30) target price from investment analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Thursday, Borsen Zeitung reports. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 36.14% from the stock’s previous close.

A number of other research firms also recently weighed in on ZAL. Warburg Research set a €55.00 ($56.70) price target on shares of Zalando in a research note on Thursday. Barclays set a €30.00 ($30.93) price target on shares of Zalando in a research note on Tuesday, July 19th. JPMorgan Chase & Co. set a €32.00 ($32.99) price target on shares of Zalando in a research note on Thursday. Credit Suisse Group set a €35.00 ($36.08) price target on shares of Zalando in a research note on Tuesday, June 21st. Finally, Hauck and Aufhaeuser set a €70.00 ($72.16) price target on shares of Zalando in a research note on Friday, May 6th.

Zalando Stock Up 11.6 %

Shares of FRA ZAL opened at €30.85 ($31.80) on Thursday. Zalando has a 1-year low of €36.33 ($37.45) and a 1-year high of €49.86 ($51.40). The company has a 50-day moving average of €28.51 and a two-hundred day moving average of €42.19.

About Zalando

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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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