UBS AG has given Zalando shares a "Neutral" rating and a target price of 28 euros, despite a takeover bid for About You.

Analyst Yashraj Rajani believes there could be profit synergies from the acquisition, as there is a 30 percent overlap between the two companies. Although there may be short-term challenges, Rajani sees the deal as positive for the medium term.

Zalando shares experienced a decline of 1.5 percent in XETRA trading, falling to EUR 33.90, which is 17.40 percent below the target price. However, the stock has seen a significant increase of 58.0 percent since the beginning of 2024, with 2,330,541 shares traded recently.

The key figures for Q4 2024 are expected to be released on March 6, 2025.