Goldman Sachs Group, Inc. (The) set a €40.50 ($48.21) price objective on Inditex SA (BME:ITX) in a research note published on Thursday morning. The brokerage currently has a buy rating on the stock.

A number of other research analysts have also recently issued reports on ITX. Royal Bank Of Canada set a €39.00 ($46.43) target price on shares of Inditex SA and gave the company a buy rating in a research note on Friday, May 26th. Deutsche Bank AG set a €35.00 ($41.67) target price on shares of Inditex SA and gave the company a neutral rating in a research note on Tuesday, May 30th. J P Morgan Chase & Co set a €37.00 ($44.05) price target on shares of Inditex SA and gave the company a buy rating in a report on Wednesday, May 31st. Kepler Capital Markets set a €37.50 ($44.64) price target on shares of Inditex SA and gave the company a buy rating in a report on Wednesday, June 14th. Finally, Barclays PLC set a €40.00 ($47.62) price target on shares of Inditex SA and gave the company a buy rating in a report on Wednesday, June 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the company. The stock presently has an average rating of Buy and an average target price of €37.50 ($44.64).

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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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