Inditex SA (ITX) PT Set at €38.00 by S&P Global Inc.
Inditex SA (BME:ITX) has been assigned a €38.00 ($42.22) price objective by research analysts at S&P Global Inc. in a research note issued to investors on Wednesday. The firm presently has a a “buy” rating on the stock.
ITX has been the topic of several other research reports. Morgan Stanley set a €27.00 ($30.00) price target on Inditex SA and gave the stock a “neutral” rating in a report on Wednesday, September 14th. BNP Paribas set a €35.00 ($38.89) price target on Inditex SA and gave the stock a “neutral” rating in a report on Friday, September 9th. Citigroup Inc. reiterated a “buy” rating on shares of Inditex SA in a report on Tuesday, May 31st. Goldman Sachs Group Inc. reiterated a “buy” rating and set a price target on shares of Inditex SA in a report on Wednesday, June 22nd. Finally, Barclays PLC set a €26.00 ($28.89) price objective on shares of Inditex SA and gave the company a “sell” rating in a report on Friday, July 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of €34.79 ($38.66).
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.
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