Inditex SA (ITX) PT Set at €35.00 by Deutsche Bank AG

Inditex SA (BME:ITX) has been given a €35.00 ($37.63) price target by equities research analysts at Deutsche Bank AG in a research note issued on Friday. The firm presently has a “neutral” rating on the stock.

A number of other equities analysts have also issued reports on the stock. Goldman Sachs Group Inc set a €37.00 ($39.78) target price on shares of Inditex SA and gave the company a “buy” rating in a research report on Friday, February 24th. BNP Paribas set a €36.00 ($38.71) target price on shares of Inditex SA and gave the company a “neutral” rating in a research report on Thursday, December 15th. Societe Generale set a €43.00 ($46.24) target price on shares of Inditex SA and gave the company a “buy” rating in a research report on Wednesday, November 30th. Royal Bank of Canada set a €35.00 ($37.63) target price on shares of Inditex SA and gave the company a “buy” rating in a research report on Wednesday, March 1st. Finally, Kepler Capital Markets set a €37.20 ($40.00) target price on shares of Inditex SA and gave the company a “buy” rating in a research report on Tuesday, February 28th. Two analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Inditex SA presently has a consensus rating of “Buy” and an average price target of €36.85 ($39.62).

Analyst Recommendations for Inditex SA (BME:ITX)

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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.

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