Barclays Capital analyst Emily Johnson conducted a detailed study of the Zalando paper.
The British investment bank Barclays has left Zalando’s rating at “Equal Weight” with a price target of 21 euros. The online fashion retailer’s fourth quarter was mixed, analyst Emily Johnson wrote on Wednesday after figures. The outlook for 2024 is a bit poor, but the medium-term goals are reasonable.
Stock check: A detailed look at the performance of Zalando shares at the time of the analysis
The Zalando share was listed in green in XETRA trading at 1:06 p.m. and gained 13.3 percent to EUR 21.70. So the equity share still has a downside risk of 3.23 percent, measured against the specified price target. 3,932,949 Zalando shares have been traded during the day so far. The share certificate has gained 1.2 percent since the beginning of 2024. Zalando’s Q4 2023 balance sheet is expected to be published on March 13, 2024.
LONDON (dpa-AFX Analyzer) / editorial team finanzen.net
Original study published: March 13, 2024 / 07:02 / GMT
First distribution of the original study: March 13, 2024 / 07:03 / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 Para. 1 WpHG, Art. 20 Regulation (EU) 596/2014 for the analyst firm mentioned can be found at http://web.dpa-afx.de/offenstellenpflicht/ disclosure_duty.html.
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