Inditex SA (BME:ITX) has been given a €38.00 ($45.24) target price by equities researchers at Barclays PLC in a report released on Tuesday. The firm currently has a “buy” rating on the stock.

Several other equities analysts have also weighed in on ITX. Goldman Sachs Group, Inc. (The) set a €43.00 ($51.19) target price on shares of Inditex SA and gave the company a “buy” rating in a report on Saturday, May 20th. 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 report 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 report on Tuesday, May 30th. J P Morgan Chase & Co set a €37.00 ($44.05) target price on shares of Inditex SA and gave the company a “buy” rating in a report on Wednesday, May 31st. Finally, Kepler Capital Markets set a €37.50 ($44.64) target price on shares of Inditex SA and gave the company a “buy” rating in a report on Wednesday, June 14th. One equities 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 presently has an average rating of “Buy” and an average target price of €37.33 ($44.44).

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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.

Analyst Recommendations for Inditex SA (BME:ITX)

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