Zalando (ZAL) PT Set at €27.00 by Kepler Capital Markets

Zalando (FRA:ZAL) has been assigned a €27.00 ($31.40) price objective by equities research analysts at Kepler Capital Markets in a research note issued on Thursday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Kepler Capital Markets’ price objective would suggest a potential downside of 34.58% from the stock’s previous close.

Several other research firms have also recently issued reports on ZAL. Royal Bank of Canada set a €35.00 ($40.70) target price on Zalando and gave the company a “buy” rating in a research note on Thursday, February 28th. Goldman Sachs Group set a €35.00 ($40.70) target price on Zalando and gave the company a “neutral” rating in a research note on Tuesday, April 16th. Barclays set a €45.00 ($52.33) target price on Zalando and gave the company a “buy” rating in a research note on Thursday, February 28th. Baader Bank set a €38.00 ($44.19) target price on Zalando and gave the company a “buy” rating in a research note on Friday, January 25th. Finally, JPMorgan Chase & Co. set a €28.00 ($32.56) target price on Zalando and gave the company a “neutral” rating in a research note on Thursday. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of €35.12 ($40.84).

ZAL opened at €41.27 ($47.99) on Thursday. Zalando has a 52-week low of €36.33 ($42.24) and a 52-week high of €49.86 ($57.98).

About Zalando

Zalando SE operates as an online fashion and lifestyle retailer in Europe. It offers a range of products, including shoes, apparel, accessories, and beauty products for women, men, and children. The company also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.

Featured Story: Beige Book

Analyst Recommendations for Zalando (FRA:ZAL)

Receive News & Ratings for Zalando Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zalando and related companies with MarketBeat.com's FREE daily email newsletter.