Separately, Zacks Investment Research raised shares of ZALANDO SE/ADR from a hold rating to a buy rating and set a $24.00 target price on the stock in a research note on Saturday, November 9th.
Shares of ZALANDO SE/ADR stock opened at $22.46 on Tuesday. ZALANDO SE/ADR has a twelve month low of $12.28 and a twelve month high of $26.07. The stock has a market capitalization of $10.77 billion, a P/E ratio of 204.18, a PEG ratio of 5.37 and a beta of 1.52. The company has a current ratio of 1.43, a quick ratio of 0.86 and a debt-to-equity ratio of 0.30. The business’s fifty day moving average price is $21.97 and its 200 day moving average price is $22.44.
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.
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