Inditex SA (BME:ITX) has been assigned a €43.00 ($45.26) price objective by equities researchers at Societe Generale in a note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock.

A number of other equities analysts have also commented on the stock. Jefferies Group set a €38.00 ($40.00) price target on shares of Inditex SA and gave the stock a “buy” rating in a research report on Friday, October 21st. JPMorgan Chase & Co. set a €36.00 ($37.89) price target on shares of Inditex SA and gave the stock a “buy” rating in a research report on Tuesday, September 6th. HSBC set a €40.00 ($42.11) price target on shares of Inditex SA and gave the stock a “buy” rating in a research report on Tuesday, August 23rd. Macquarie set a €39.00 ($41.05) target price on shares of Inditex SA and gave the company a “buy” rating in a report on Tuesday, September 27th. Finally, Goldman Sachs Group Inc. set a €37.00 ($38.95) target price on shares of Inditex SA and gave the company a “buy” rating in a report on Wednesday, August 31st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of €35.25 ($37.11).

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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