Inditex SA (BME:ITX) received a €36.00 ($38.71) price objective from investment analysts at JPMorgan Chase & Co. in a research report issued on Friday. The brokerage presently has a “buy” rating on the stock.

Several other research analysts also recently weighed in on ITX. Goldman Sachs Group Inc. set a €37.00 ($39.78) target price on shares of Inditex SA and gave the company a “buy” rating in a research note on Thursday, September 22nd. S&P Global Inc. set a €38.00 ($40.86) target price on shares of Inditex SA and gave the company a “buy” rating in a research note on Wednesday, September 21st. Jefferies Group set a €38.00 ($40.86) target price on shares of Inditex SA and gave the company a “buy” rating in a research note on Friday, October 21st. Macquarie set a €39.00 ($41.94) target price on shares of Inditex SA and gave the company a “buy” rating in a research note on Tuesday, September 27th. Finally, Societe Generale set a €40.00 ($43.01) target price on shares of Inditex SA and gave the company a “buy” rating in a research note on Wednesday, September 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the company. Inditex SA has a consensus rating of “Buy” and a consensus price target of €35.08 ($37.72).

Analyst Recommendations for Inditex SA (BME:ITX)

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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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