JPMorgan Chase & Co. Analysts Give Inditex SA (ITX) a €36.00 Price Target
Inditex SA (BME:ITX) has been assigned a €36.00 ($40.00) price objective by research analysts at JPMorgan Chase & Co. in a research note issued to investors on Thursday. The brokerage presently has a a “buy” rating on the stock.
A number of other analysts have also recently weighed in on ITX. Deutsche Bank AG set a €33.00 ($36.67) target price 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) target price 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) target price on shares of Inditex SA and gave the stock a “buy” rating in a report on Thursday, June 16th. Citigroup Inc. restated a “buy” rating on shares of Inditex SA in a report on Tuesday, May 31st. Finally, Societe Generale set a €40.00 ($44.44) target price on shares of Inditex SA and gave the stock a “buy” rating in a report on Wednesday, September 7th. 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. The stock currently has a consensus rating of “Buy” and a consensus price target of €34.69 ($38.55).
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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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