Inditex SA (BME:ITX) received a €36.00 ($40.00) target price from equities research analysts at JPMorgan Chase & Co. in a report issued on Thursday. The brokerage currently has a a “buy” rating on the stock.

A number of other equities analysts also recently commented on ITX. Deutsche Bank AG set a €33.00 ($36.67) price objective on shares of Inditex SA and gave the stock a “neutral” rating in a report on Thursday. Goldman Sachs Group Inc. set a €37.00 ($41.11) price objective on shares of Inditex SA and gave the stock a “buy” rating in a report on Thursday. Sanford C. Bernstein set a €34.00 ($37.78) price objective on shares of Inditex SA and gave the stock a “buy” rating in a report on Thursday, June 16th. Citigroup Inc. reaffirmed a “buy” rating on shares of Inditex SA 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 stock a “buy” rating in a report on Wednesday, September 7th. 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. The company currently has an average rating of “Buy” and an average price target of €34.69 ($38.55).

Analyst Recommendations for Inditex SA (BME:ITX)

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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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