Inditex SA (BME:ITX) has been given a €38.00 ($45.24) price objective by analysts at Goldman Sachs Group, Inc. (The) in a note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock.
Other research analysts have also recently issued research reports about the stock. Kepler Capital Markets set a €37.50 ($44.64) price target on shares of Inditex SA and gave the stock a “buy” rating in a report on Wednesday, June 14th. Royal Bank Of Canada set a €39.00 ($46.43) target price on Inditex SA and gave the company a “buy” rating in a research note on Wednesday, June 14th. Barclays PLC set a €40.00 ($47.62) target price on Inditex SA and gave the company a “buy” rating in a research note on Wednesday, June 14th. J P Morgan Chase & Co set a €37.00 ($44.05) target price on Inditex SA and gave the company a “buy” rating in a research note on Wednesday, May 31st. Finally, Citigroup Inc. set a €41.50 ($49.40) target price on Inditex SA and gave the company a “buy” rating in a research note on Thursday, June 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company’s stock. Inditex SA presently has a consensus rating of “Buy” and a consensus target price of €36.36 ($43.29).
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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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