JPMorgan Chase & Co. set a €36.00 ($38.71) target price on Inditex SA (BME:ITX) in a research note published on Thursday morning. The firm currently has a buy rating on the stock.

Several other analysts have also issued reports on ITX. Morgan Stanley set a €29.50 ($31.72) target price on Inditex SA and gave the stock a neutral rating in a report on Thursday, March 16th. BNP Paribas set a €36.00 ($38.71) target price on Inditex SA and gave the stock a buy rating in a report on Thursday, March 9th. Goldman Sachs Group Inc set a €37.00 ($39.78) target price on Inditex SA and gave the stock a buy rating in a report on Thursday, March 16th. S&P Global set a €35.00 ($37.63) target price on Inditex SA and gave the stock a buy rating in a report on Wednesday, March 15th. Finally, Barclays PLC set a €40.00 ($43.01) target price on Inditex SA and gave the stock a buy rating in a report on Thursday, March 16th. Two analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has an average rating of Buy and an average target price of €36.85 ($39.62).

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Inditex SA Company Profile

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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