Inditex SA (BME:ITX) has been given a €43.00 ($45.26) price target by equities research analysts at Societe Generale in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock.

A number of other research firms have also weighed in on ITX. Goldman Sachs Group Inc. set a €37.00 ($38.95) price objective on Inditex SA and gave the company a “buy” rating in a research note on Thursday, November 24th. Jefferies Group set a €38.00 ($40.00) price objective on Inditex SA and gave the company a “buy” rating in a research note on Friday, October 21st. Macquarie set a €39.00 ($41.05) price objective on Inditex SA and gave the company a “buy” rating in a research note on Tuesday, September 27th. Deutsche Bank AG set a €33.00 ($34.74) price objective on Inditex SA and gave the company a “neutral” rating in a research note on Thursday, September 22nd. Finally, JPMorgan Chase & Co. set a €36.00 ($37.89) price objective on Inditex SA and gave the company a “buy” rating in a research note on Thursday, September 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have issued a buy rating to the company. Inditex SA presently has an average rating of “Buy” and a consensus price target of €35.25 ($37.11).

Analyst Recommendations for Inditex SA (BME:ITX)

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About Inditex SA

Industria de Diseno Textil SA, known as Inditex SA, is a Spain-based company primarily engaged in the textile industry. The Company’s activities include the design, confection, manufacturing, distribution and retail of men, women and children apparel, footwear and fashion accessories, as well as home furnishings and household textile products.

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