ZALANDO SE/ADR (ZLNDY) Upgraded by Zacks Investment Research to Hold
ZALANDO SE/ADR (OTCMKTS:ZLNDY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Saturday.
According to Zacks, “Zalando SE is an online fashion retailer. The Company offers clothing, sports products, shoes, bags and other accessories for men, women and children. Zalando SE is headquartered in Berlin, Germany. “
Separately, ValuEngine downgraded ZALANDO SE/ADR from a “buy” rating to a “hold” rating in a report on Wednesday, August 8th.
ZALANDO SE/ADR (OTCMKTS:ZLNDY) last announced its earnings results on Tuesday, August 7th. The company reported $0.12 EPS for the quarter. The business had revenue of $1.59 billion for the quarter. ZALANDO SE/ADR had a return on equity of 5.78% and a net margin of 1.74%. Sell-side analysts anticipate that ZALANDO SE/ADR will post 0.22 EPS for the current fiscal year.
About ZALANDO SE/ADR
Zalando SE operates as an online fashion retailer in Europe. The company offers a range of products, including clothes, shoes, and accessories for women, men, and children. Zalando SE also sells its products through its Zalando Lounge; and brick-and-mortar stores in Berlin, Frankfurt am main, and Cologne.
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