Accueil > Actualité
Actualite financiere : Actualite bourse

Zalando: Invest Securities starts monitoring as a buyer

( - Invest Securities has decided to begin tracking the Zalando stock with a "buy" rating and a target (based on a DCF valuation method) of 61 euros (14% upside).

Despite bottoming out in February/March due to panic stemming from the covid-19 crisis, the stock has risen sharply (+40% over 1 month), particularly after the publication of Q1 results, which in the broker's opinion, illustrate the resilience of the company's business model and its relevance in the current crisis, analysts say.

Zalando still has a lot of potential to further grow its sales, which should be helped by lockdown measures that are boosting interest from consumers and fashion brands for online sales, Invest Securities adds.

Copyright (c) 2020 All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.