Inditex SA (ITX) PT Set at €38.00 by S&P Global Inc.
Inditex SA (BME:ITX) received a €38.00 ($42.22) price target from equities research analysts at S&P Global Inc. in a report issued on Wednesday. The firm currently has a a “buy” rating on the stock.
A number of other analysts also recently issued reports on ITX. Sanford C. Bernstein set a €34.00 ($37.78) price objective on shares of Inditex SA and gave the company a “buy” rating in a report on Thursday, June 16th. Goldman Sachs Group Inc. set a €37.10 ($41.22) price objective on shares of Inditex SA and gave the company a “buy” rating in a report on Tuesday, May 31st. Citigroup Inc. reissued a “buy” rating on shares of Inditex SA in a report on Tuesday, May 31st. JPMorgan Chase & Co. set a €33.00 ($36.67) price objective on shares of Inditex SA and gave the company a “buy” rating in a report on Tuesday, May 31st. Finally, Societe Generale set a €40.00 ($44.44) price objective on shares of Inditex SA and gave the company a “buy” rating in a report on Wednesday, September 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of €34.79 ($38.66).
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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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