Inditex SA (BME:ITX) received a €38.00 ($45.24) price objective from research analysts at HSBC Holdings plc in a report released on Tuesday. The brokerage presently has a “buy” rating on the stock.
A number of other research firms also recently issued reports 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, September 4th. 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. UBS AG reissued a “neutral” rating on shares of Inditex SA in a research report on Friday. 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. Finally, 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. One investment analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have given a buy rating to the company’s stock. Inditex SA has a consensus rating of “Buy” and a consensus target price of €36.94 ($43.98).
WARNING: This report was first reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this report on another website, it was stolen and republished in violation of United States & international trademark and copyright legislation. The legal version of this report can be viewed at https://www.chaffeybreeze.com/2017/09/19/inditex-sa-itx-given-a-38-00-price-target-at-hsbc-holdings-plc.html.
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.
Receive News & Ratings for Inditex SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inditex SA and related companies with MarketBeat.com's FREE daily email newsletter.