Zalando has been given a 'Neutral' rating by UBS, with a target price of 27.50 euros, based on the company's third-quarter figures.
Analyst Yashraj Rajani highlighted the strong gross margin and positive trends in Zalando's business-to-consumer (B2C) segment as important factors in the assessment.
The report, published on November 5, 2024, reflects UBS's cautious stance in light of the changing retail landscape and focuses on Zalando's performance metrics that could impact investor sentiment.