Inditex SA (BME:ITX) has been given a €37.00 ($39.78) price target by analysts at Goldman Sachs Group Inc. in a research report issued on Thursday. The brokerage currently has a “buy” rating on the stock.

ITX has been the topic of a number of other research reports. Societe Generale set a €40.00 ($43.01) price objective on shares of Inditex SA and gave the stock a “buy” rating in a research note on Wednesday, September 7th. HSBC set a €40.00 ($43.01) price objective on shares of Inditex SA and gave the stock a “buy” rating in a research note on Tuesday, August 23rd. Jefferies Group set a €38.00 ($40.86) price objective on shares of Inditex SA and gave the stock a “buy” rating in a research note on Friday, October 21st. JPMorgan Chase & Co. set a €36.00 ($38.71) price objective on shares of Inditex SA and gave the stock a “buy” rating in a research note on Tuesday, September 6th. Finally, Morgan Stanley set a €27.00 ($29.03) price objective on shares of Inditex SA and gave the stock a “neutral” rating in a research note on Wednesday, September 14th. One research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average 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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