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UBS AG has maintained a "Neutral" rating for Zalando shares, setting a target price of 28 euros amid a takeover bid for About You. Analyst Yashraj Rajani noted potential profit synergies, despite short-term challenges, with a 30% overlap between the companies. As of 16:06 in XETRA trading, Zalando shares fell 1.5% to 33.90 EUR, indicating a downside potential of 17.4% from the target price, although the stock has risen 58% since the start of 2024.
UBS has reduced its target price for Asos from 440 to 400 pence while maintaining a "Neutral" rating. Analyst Yashraj Rajani noted the company's effective management strategy, which has successfully halved inventories after two years of restructuring, but emphasized the need for increased sales. Asos operates globally with a diverse brand portfolio and a robust warehouse network for efficient delivery.
UBS has maintained a 'Neutral' rating for Asos with a target price of 440 pence following disappointing sales figures for the 2023/24 financial year. While sales fell short of expectations, the forecast for operating profit in 2024/25 met projections, and improvements in inventory management were noted as positive developments.
UBS has maintained a 'Neutral' rating for Asos, setting a target price of 440 pence following the company's financial figures for 2023/24. Sales fell short of consensus expectations, although the forecast for operating profit in 2024/25 met expectations, with improvements in inventory management noted as encouraging.
UBS AG maintains a "Neutral" rating for Zalando with a target price of €27.50, highlighting the company's strong gross margin and positive B2C segment growth. The Zalando share fell 1.6% to €27.60, indicating a slight potential decline from the target price, while the stock has risen 28.7% in 2024. Quarterly results for Q3 2024 are set to be released on November 5, 2024.
UBS has maintained a "Neutral" rating for Zalando, setting a target price of €27.50, following the release of third-quarter figures. Analyst Yashraj Rajani highlighted the strong gross margin and positive trends in the B2C segment. On the day of the analysis, Zalando shares fell 1.6% to €27.60, indicating a slight downside risk relative to the target price, despite a 28.7% gain since the start of 2024. The company is set to announce its Q3 2024 results on November 5, 2024.
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 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 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 maintained a "Buy" rating for About You shares, setting a price target of 6.20 euros. Analyst Yashraj Rajani highlighted the upcoming capital market day for Scayle, the divested store system provider, as a potential catalyst for long-term growth.
Yashraj Rajani
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UBS Maintains Neutral Rating on Zalando Amid About You Takeover Bid
16:22 11.12.2024
ubs lowers asos target price to 400 pence maintains neutral rating
08:46 08.11.2024
ubs maintains neutral rating for asos with target price of 440 pence
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11:44 05.11.2024
ubs maintains neutral rating for asos with target price of 440 pence
11:44 05.11.2024
ubs maintains neutral rating for zalando with target price of 27.50 euros
11:43 05.11.2024
ubs maintains neutral rating for zalando with target price of 27.50 euros
11:43 05.11.2024
ubs maintains neutral rating for zalando with target price of 27.50 euros
11:38 05.11.2024
ubs maintains neutral rating for zalando with target price of 27.50 euros
11:38 05.11.2024
ubs maintains neutral rating for zalando shares with target price of 27.50 euros
10:43 05.11.2024
UBS maintains buy rating for About You with target price of 6.20 euros
08:50 29.10.2024
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