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UBS has maintained a 'Neutral' rating for Zalando, setting a target price of 27.50 euros after the release of third-quarter figures. Analyst Yashraj Rajani highlighted the online fashion retailer's strong gross margin and positive trends in the business-to-consumer segment.
UBS has rated Zalando as 'Neutral' with a target price of €27.50. The stock closed at €27.54, reflecting a decline of 1.85%. Trading activity varied across different exchanges, with prices ranging from €27.15 in Frankfurt to €28.55 in Berlin.
UBS AG has maintained a "Neutral" rating for Zalando shares, setting a target price of 27.50 euros after analyzing the company's third-quarter results. Analyst Yashraj Rajani highlighted the strong gross margin and positive trends in the business-to-consumer segment. As of the latest trading, Zalando shares were priced at 27.60 euros, reflecting a 1.68% decline.
UBS has reiterated its recommendation and target for Zalando, as reported by Cercle Finance. BOURSORAMA, acting solely as a distribution channel, emphasizes that it has not influenced the analysis and holds no conflicts of interest regarding the investment recommendations provided. The information is intended for informational purposes only and does not carry contractual value.
Zalando SE
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs maintains neutral rating for zalando with target price of 27.50 euros
11:38 05.11.2024
ubs rates zalando neutral with target price of 27.50 euros
10:51 05.11.2024
ubs maintains neutral rating for zalando shares with target price of 27.50 euros
10:43 05.11.2024
ubs maintains positive outlook on zalando with reiterated recommendation and target
11:20 11.10.2024
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