UBS set a €35.00 ($41.67) target price on Inditex (BME:ITX) in a research report sent to investors on Thursday, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.

ITX has been the subject of a number of other reports. Credit Suisse Group set a €25.00 ($29.76) target price on shares of Inditex and gave the company a sell rating in a report on Friday, September 1st. Berenberg Bank set a €24.00 ($28.57) target price on shares of Inditex and gave the company a sell rating in a report on Friday, November 17th. Morgan Stanley set a €30.00 ($35.71) target price on shares of Inditex and gave the company a neutral rating in a report on Tuesday, September 19th. J P Morgan Chase & Co set a €38.00 ($45.24) target price on shares of Inditex and gave the company a buy rating in a report on Monday, December 4th. Finally, set a €38.00 ($45.24) target price on shares of Inditex and gave the company a buy rating in a report on Tuesday, September 19th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of €35.03 ($41.70).

Shares of Inditex (BME ITX) opened at €29.95 ($35.65) on Thursday. Inditex has a twelve month low of €29.00 ($34.52) and a twelve month high of €36.90 ($43.93).

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About Inditex

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 (BME:ITX)

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