Deutsche Bank AG Analysts Give Inditex SA (ITX) a €33.00 Price Target
Inditex SA (BME:ITX) has been given a €33.00 ($36.67) price objective by equities research analysts at Deutsche Bank AG in a report issued on Thursday. The brokerage presently has a a “neutral” rating on the stock.
ITX has been the topic of several other research reports. Morgan Stanley set a €27.00 ($30.00) target price on Inditex SA and gave the company a “neutral” rating in a research note on Wednesday, September 14th. BNP Paribas set a €35.00 ($38.89) target price on Inditex SA and gave the company a “neutral” rating in a research note on Friday, September 9th. Citigroup Inc. reissued a “buy” rating on shares of Inditex SA in a research note on Tuesday, May 31st. Goldman Sachs Group Inc. reissued a “buy” rating and set a target price on shares of Inditex SA in a research note on Wednesday, June 22nd. Finally, Barclays PLC set a €26.00 ($28.89) target price on Inditex SA and gave the company a “sell” rating in a research note on Friday, July 22nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have assigned a buy rating to the company’s stock. Inditex SA presently has a consensus rating of “Buy” and a consensus price target of €34.69 ($38.55).
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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