AlphaValue Reaffirms Sell Rating on Inditex SA (ITX)
Inditex SA (MCE: ITX)‘s stock had its “sell” rating reiterated by equities research analysts at AlphaValue in a research note issued to investors on Friday. They currently have a $114.53 (€86) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Inditex SA in a research note to investors on Tuesday. They now have a $151.32 price target on the stock. Separately, analysts at BPI reiterated a “neutral” rating on shares of Inditex SA in a research note to investors on Monday, December 17th. They now have a $138.16 price target on the stock. Finally, analysts at Grupo Santander reiterated a “buy” rating on shares of Inditex SA in a research note to investors on Wednesday, December 12th. They now have a $148.05 price target on the stock.
The stock’s 50-day moving average is currently €N.
Industria de Diseno Textil SA (Inditex SA) is a Spain-based company primarily engaged in the textile industry.
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