Inditex SA (BME:ITX) has been given a €38.00 ($45.24) price objective by Macquarie in a research report issued to clients and investors on Thursday. The firm presently has a “buy” rating on the stock.

Other equities research analysts have also issued research reports about the company. Goldman Sachs Group, Inc. (The) set a €43.00 ($51.19) target price on Inditex SA and gave the company a “buy” rating in a research note on Wednesday, June 21st. Berenberg Bank set a €37.00 ($44.05) target price on Inditex SA and gave the company a “neutral” rating in a research note on Thursday, June 15th. Barclays PLC set a €40.00 ($47.62) target price on Inditex SA and gave the company a “buy” rating in a research note on Wednesday, June 14th. UBS AG set a €32.50 ($38.69) target price on Inditex SA and gave the company a “neutral” rating in a research note on Wednesday, June 14th. Finally, Kepler Capital Markets set a €37.50 ($44.64) target price on Inditex SA and gave the company a “buy” rating in a research note on Wednesday, June 14th. One research 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 an average rating of “Buy” and a consensus price target of €36.94 ($43.98).

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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.

Analyst Recommendations for Inditex SA (BME:ITX)

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