HSBC Holdings plc Reiterates €38.00 Price Target for Inditex SA (ITX)
Several other analysts have also weighed in on the company. Kepler Capital Markets set a €35.50 ($42.26) price objective on Inditex SA and gave the stock a buy rating in a report on Wednesday, September 6th. Barclays PLC set a €38.00 ($45.24) price objective on Inditex SA and gave the stock a buy rating in a report on Tuesday, September 5th. J P Morgan Chase & Co set a €38.00 ($45.24) price objective on Inditex SA and gave the stock a buy rating in a report on Monday, September 4th. Berenberg Bank set a €35.00 ($41.67) price target on Inditex SA and gave the company a neutral rating in a research note on Monday, September 4th. Finally, Societe Generale set a €46.00 ($54.76) price target on Inditex SA and gave the company a buy rating in a research note on Monday, September 4th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Inditex SA has a consensus rating of Buy and an average price target of €36.94 ($43.98).
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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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