Bash script: cd No such file or directory when file exists

My bash script is written to go to each subfolder in the current directory:

for d in */; 
do
    target=${d%/}
    cd "$target"
done

When I run my bash script, I am getting a cd error for a directory that exists:

++ for d in '*/'
++ target='Zelkova serrata'
++ cd 'Zelkova serrata'
./script7.sh: line 8: cd: Zelkova serrata: No such file or directory

Yet, in terminal command line I can do cd 'Zelkova serrata' within the same directory as the script and all is fine. Is it possible the bash script has a different source directory than the one its located in?

Answer

You are looping through relative paths, try including the absolute path, for example:

#!/bin/bash

pwd=$PWD
for d in */; 
do
    target="$pwd/${d%/}"
    cd "$target"
    echo $PWD
done