Inditex SA (ITX) Given a €33.00 Price Target at Deutsche Bank AG
Inditex SA (BME:ITX) received a €33.00 ($36.67) target price from analysts at Deutsche Bank AG in a note issued to investors on Thursday. The firm presently has a a “neutral” rating on the stock.
Other equities research analysts also recently issued reports about the company. 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. reaffirmed a “buy” rating on shares of Inditex SA in a report on Tuesday, May 31st. Goldman Sachs Group Inc. reaffirmed 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 target on Inditex SA and gave the stock a “sell” rating in a report on Friday, July 22nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of €34.69 ($38.55).
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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