Zalando SE (ZAL) Given a €50.00 Price Target at Commerzbank Ag

The brokerage now has a "sell" rating on the stock. Warburg Research set a €54.00 ($62.07) price objective on Zalando SE and gave the company a "buy" rating in a report on Tuesday, June 27th.

Other equities research analysts also recently issued research reports about the company.

Zalando SE (FRA:ZAL) received a €50.00 ($57.47) target price from investment analysts at Hauck & Aufhaeuser in a research note issued to investors on Tuesday. Barclays PLC set a €49.75 ($57.18) price target on Zalando SE and gave the stock a buy rating in a research report on Saturday, May 20th. Credit Suisse Group set a €47.50 ($54.60) price objective on Zalando SE and gave the company a "buy" rating in a research report on Tuesday, May 30th. J P Morgan Chase & Co set a €36.00 ($41.38) price objective on Zalando SE and gave the stock a neutral rating in a research report on Saturday, May 20th. Kepler Capital Markets set a €44.00 ($50.57) price objective on Zalando SE and gave the company a "buy" rating in a research report on Wednesday, June 21st. The company presently has a consensus rating of Buy and an average target price of €47.13 ($54.18).

Zalando SE (FRA:ZAL) traded down 8.05% during midday trading on Wednesday, hitting €39.27. Zalando SE has a one year low of €23.56 and a one year high of €45.37. The firm has a market capitalization of €10.05 billion and a price-to-earnings ratio of 85.456. The stock's 50-day moving average is €41.98 and its 200-day moving average is €38.65. Goldman Sachs Group, Inc.

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