Latest News for ZLNDY
Shares of Zalando (OTCMKTS:ZLNDY - Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at $14.45, but opened at $13.99. Zalando shares last traded at $13.99, with a volume of 2,130 shares. Analysts Set New Price Targets Several analysts have weighed in on the company. Barclays raised Zalando
Shares of Zalando (OTCMKTS:ZLNDY - Get Free Report) have been given an average rating of "Hold" by the five analysts that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating on the company.
The online retailer said the closure of its Erfurt center is part of a plan to reshape its pan-European logistics network and strengthen its market position.
I upgrade Zalando to a buy as B2B revenue growth inflects and margins expand. ZLDSF's B2B segment posted 15.6% y/y revenue growth and 7.1% EBIT margin, signaling scalable profitability. The AI narrative is a tailwind, with ZLDSF's platform favored by chatbots for standardized data aggregation.
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