Zalando SE (OTCMKTS:ZLNDY) Given Average Rating of “Buy” by Analysts

Zalando SE (OTCMKTS:ZLNDY) has earned a consensus rating of “Buy” from the fifteen brokerages that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and nine have given a buy recommendation to the company.

A number of analysts have recently commented on ZLNDY shares. Berenberg Bank upgraded shares of Zalando from a “sell” rating to a “hold” rating in a report on Friday, January 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Zalando in a research note on Tuesday, January 19th. Zacks Investment Research cut shares of Zalando from a “buy” rating to a “hold” rating in a research note on Wednesday, February 10th. Credit Suisse Group cut shares of Zalando from an “outperform” rating to a “neutral” rating in a research note on Thursday, February 11th. Finally, UBS Group reiterated a “buy” rating on shares of Zalando in a research note on Tuesday, January 19th.

Shares of ZLNDY stock opened at $55.16 on Tuesday. Zalando has a 12 month low of $15.64 and a 12 month high of $62.33. The stock has a market cap of $28.16 billion, a PE ratio of 250.74 and a beta of 1.66. The company has a current ratio of 1.63, a quick ratio of 1.11 and a debt-to-equity ratio of 0.48. The company’s fifty day moving average price is $58.91 and its 200-day moving average price is $50.16.

Zalando Company Profile

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, as well as free delivery and returns services. The company also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt, Cologne, Leipzig, Hamburg, Hanover, Münster, and Stuttgart.

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Analyst Recommendations for Zalando (OTCMKTS:ZLNDY)

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