ZALANDO SE/ADR (ZLNDY) Downgraded by Zacks Investment Research

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ZALANDO SE/ADR (OTCMKTS:ZLNDY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Saturday.

According to Zacks, “Zalando SE is an online fashion retailer. The Company offers clothing, sports products, shoes, bags and other accessories for men, women and children. Zalando SE is headquartered in Berlin, Germany. “

Other research analysts also recently issued research reports about the company. Wells Fargo & Co downgraded ZALANDO SE/ADR from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 29th. ValuEngine upgraded ZALANDO SE/ADR from a “hold” rating to a “buy” rating in a report on Friday, December 21st. Finally, UBS Group upgraded ZALANDO SE/ADR from a “sell” rating to a “neutral” rating in a report on Wednesday, December 5th.

OTCMKTS:ZLNDY traded down $0.33 during mid-day trading on Friday, reaching $14.29. 6,767 shares of the company’s stock traded hands, compared to its average volume of 30,886. ZALANDO SE/ADR has a 12-month low of $12.28 and a 12-month high of $30.18. The company has a market cap of $7.10 billion, a PE ratio of 62.13, a P/E/G ratio of 6.36 and a beta of 1.25.

About ZALANDO SE/ADR

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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