J P Morgan Chase & Co set a €40.00 ($47.06) price target on Inditex SA (BME:ITX) in a research note issued to investors on Thursday morning. The firm currently has a buy rating on the stock.

A number of other brokerages have also recently commented on ITX. Goldman Sachs Group Inc set a €43.00 ($50.59) price target on Inditex SA and gave the stock a buy rating in a research report on Wednesday, June 21st. Berenberg Bank set a €37.00 ($43.53) price target on Inditex SA and gave the stock a neutral rating in a research report on Thursday, June 15th. Citigroup Inc. set a €41.50 ($48.82) price target on Inditex SA and gave the stock a buy rating in a research report on Thursday, June 15th. S&P Global set a €36.00 ($42.35) price target on Inditex SA and gave the stock a neutral rating in a research report on Wednesday, June 14th. Finally, Kepler Capital Markets set a €37.50 ($44.12) price target on Inditex SA and gave the stock a buy rating in a research report on Wednesday, June 14th. Four investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Inditex SA has a consensus rating of Buy and an average price target of €38.44 ($45.22).

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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.

Analyst Recommendations for Inditex SA (BME:ITX)

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