Analysts Set Inditex SA (ITX) Target Price at $35.65
Inditex SA (BME:ITX) has earned an average recommendation of “Buy” from the seventeen analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is €35.65 ($41.94).
Several analysts have issued reports on the company. UBS AG set a €32.50 ($38.24) target price on Inditex SA and gave the company a “neutral” rating in a report on Wednesday, June 14th. Credit Suisse Group set a €24.00 ($28.24) target price on Inditex SA and gave the stock a “sell” rating in a research note on Monday, September 25th. Deutsche Bank AG set a €35.00 ($41.18) price target on Inditex SA and gave the stock a “neutral” rating in a report on Thursday, September 21st. Goldman Sachs Group, Inc. (The) set a €38.00 ($44.71) price target on Inditex SA and gave the stock a “buy” rating in a report on Thursday, September 21st. Finally, Royal Bank Of Canada set a €36.00 ($42.35) price target on shares of Inditex SA and gave the company a “buy” rating in a research report on Monday, September 25th.
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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.
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