Inditex SA (ITX) PT Set at €37.00 by Goldman Sachs Group Inc.
Inditex SA (BME:ITX) received a €37.00 ($41.11) price target from stock analysts at Goldman Sachs Group Inc. in a research note issued on Thursday. The firm currently has a a “buy” rating on the stock.
Other equities analysts have also recently issued reports about the company. Societe Generale set a €40.00 ($44.44) target price on Inditex SA and gave the stock a “buy” rating in a report on Wednesday, September 7th. JPMorgan Chase & Co. set a €36.00 ($40.00) target price on Inditex SA and gave the stock a “buy” rating in a report on Tuesday, September 6th. HSBC set a €40.00 ($44.44) target price on Inditex SA and gave the stock a “buy” rating in a report on Tuesday, August 23rd. Citigroup Inc. reaffirmed a “buy” rating on shares of Inditex SA in a report on Tuesday, May 31st. Finally, Sanford C. Bernstein set a €34.00 ($37.78) target price on Inditex SA and gave the stock a “buy” rating in a report on Thursday, June 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have assigned a buy rating to the company. Inditex SA has an average rating of “Buy” and an average price target of €34.79 ($38.66).
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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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