Zalando SE (ZAL) Given a €48.00 Price Target by Commerzbank Ag Analysts

Commerzbank Ag set a €48.00 ($56.47) target price on Zalando SE (FRA:ZAL) in a research report report published on Tuesday morning. The firm currently has a buy rating on the stock.

A number of other research analysts also recently issued reports on ZAL. UBS AG set a €35.00 ($41.18) price objective on shares of Zalando SE and gave the stock a sell rating in a research report on Wednesday, June 14th. Kepler Capital Markets set a €44.00 ($51.76) price objective on shares of Zalando SE and gave the stock a buy rating in a research report on Friday, August 11th. J P Morgan Chase & Co set a €35.00 ($41.18) price objective on shares of Zalando SE and gave the stock a neutral rating in a research report on Friday, August 11th. Societe Generale set a €54.00 ($63.53) price objective on shares of Zalando SE and gave the stock a buy rating in a research report on Friday, August 11th. Finally, Deutsche Bank AG set a €34.00 ($40.00) price objective on shares of Zalando SE and gave the stock a sell rating in a research report on Monday, October 2nd. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and thirteen have assigned a buy rating to the company. Zalando SE presently has a consensus rating of Hold and an average price target of €44.79 ($52.70).

Zalando SE (ZAL) opened at 44.50 on Tuesday. The company has a market cap of €11.00 billion and a P/E ratio of 98.89. The stock has a 50 day moving average of €41.26 and a 200 day moving average of €40.53. Zalando SE has a 52 week low of €33.81 and a 52 week high of €45.37.

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