JPMorgan Chase & Co. Reiterates “€39.00” Price Target for Zalando (ZAL)

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JPMorgan Chase & Co. set a €39.00 ($45.35) price target on Zalando (FRA:ZAL) in a report published on Tuesday. The firm currently has a neutral rating on the stock.

A number of other research analysts have also recently commented on ZAL. Kepler Capital Markets set a €46.00 ($53.49) price target on Zalando and gave the company a neutral rating in a research note on Friday, July 20th. Credit Suisse Group set a €46.00 ($53.49) price target on Zalando and gave the company a neutral rating in a research note on Wednesday, August 8th. Goldman Sachs Group set a €43.00 ($50.00) price target on Zalando and gave the company a neutral rating in a research note on Tuesday. Independent Research set a €46.00 ($53.49) price target on Zalando and gave the company a neutral rating in a research note on Wednesday, August 8th. Finally, Commerzbank set a €53.00 ($61.63) price target on Zalando and gave the company a buy rating in a research note on Wednesday, August 8th. Six research analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the stock. Zalando has an average rating of Hold and a consensus target price of €44.07 ($51.24).

Shares of ZAL opened at €35.48 ($41.26) on Tuesday. Zalando has a 52 week low of €36.33 ($42.24) and a 52 week high of €49.86 ($57.98).

Zalando Company Profile

Zalando SE operates as an online fashion retailer in Europe. The company offers a range of products, including clothes, shoes, and accessories for women, men, and children. Zalando SE 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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