Inditex SA (BME:ITX) has been assigned a €30.00 ($35.71) price target by investment analysts at Morgan Stanley in a report issued on Monday. The firm currently has a “neutral” rating on the stock.

Several other research analysts also recently commented on the company. Kepler Capital Markets set a €37.00 ($44.05) price objective on Inditex SA and gave the stock a “buy” rating in a report on Thursday. Societe Generale set a €40.00 ($47.62) price objective on Inditex SA and gave the stock a “buy” rating in a report on Thursday. Macquarie set a €38.00 ($45.24) price objective on Inditex SA and gave the stock a “buy” rating in a report on Thursday. S&P Global set a €35.00 ($41.67) price objective on Inditex SA and gave the stock a “neutral” rating in a report on Thursday. Finally, 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 Thursday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of €35.94 ($42.79).

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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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