Inditex SA Receives Consensus Rating of “Hold” from Analysts (MCE:ITX)
Shares of Inditex SA (MCE:ITX) have been given a consensus rating of “Hold” by the sixteen ratings firms that are covering the company, StockRatingsNetwork reports. Three equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is €106.34 ($145.67).
A number of research firms have recently commented on ITX. Analysts at Goldman Sachs downgraded shares of Inditex SA to a “neutral” rating in a research note on Thursday, January 23rd. Analysts at BNP Paribas downgraded shares of Inditex SA to a “neutral” rating in a research note on Thursday, January 23rd.
Industria de Diseno Textil SA (MCE:ITX) is a Spain-based company primarily engaged in the textile industry.
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