Inditex SA (BME:ITX) has been given a €38.00 ($45.24) price target by Macquarie in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock.

A number of other research firms have also weighed in on ITX. J P Morgan Chase & Co set a €38.00 ($45.24) price target on Inditex SA and gave the company a “buy” rating in a research report on Monday. Royal Bank Of Canada set a €39.00 ($46.43) price target on Inditex SA and gave the company a “buy” rating in a research report on Friday, May 26th. Goldman Sachs Group, Inc. (The) set a €43.00 ($51.19) price target on Inditex SA and gave the company a “buy” rating in a research report on Tuesday, July 4th. Credit Suisse Group set a €25.00 ($29.76) price target on Inditex SA and gave the company a “sell” rating in a research report on Friday, September 1st. Finally, UBS AG set a €32.50 ($38.69) price target on Inditex SA and gave the company a “neutral” rating in a research report on Friday, September 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the company’s stock. Inditex SA currently has an average rating of “Buy” and an average price target of €36.94 ($43.98).

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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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