Shares of Inditex SA (BME:ITX) have received a consensus recommendation of “Buy” from the seventeen ratings firms that are covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is €38.38 ($43.62).

A number of brokerages have recently commented on ITX. Goldman Sachs Group, Inc. (The) set a €43.00 ($48.86) price target on shares of Inditex SA and gave the stock a “buy” rating in a report on Thursday, June 15th. Barclays PLC set a €40.00 ($45.45) price target on shares of Inditex SA and gave the stock a “buy” rating in a report on Wednesday, June 14th. UBS AG set a €32.50 ($36.93) price target on shares of Inditex SA and gave the stock a “neutral” rating in a report on Wednesday, June 14th. Kepler Capital Markets set a €37.50 ($42.61) price target on shares of Inditex SA and gave the stock a “buy” rating in a report on Wednesday, June 14th. Finally, Berenberg Bank set a €37.00 ($42.05) price target on shares of Inditex SA and gave the stock a “neutral” rating in a report on Thursday, June 15th.

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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.

Analyst Recommendations for Inditex SA (BME:ITX)

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