Shares of Inditex SA (BME:ITX) have earned an average recommendation of “Buy” from the seventeen research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is €35.65 ($41.94).

A number of brokerages have recently issued reports on ITX. Jefferies Group LLC set a €37.00 ($43.53) target price on shares of Inditex SA and gave the company a “buy” rating in a research note on Friday, September 1st. UBS AG set a €32.50 ($38.24) target price on shares of Inditex SA and gave the company a “neutral” rating in a research note on Thursday, September 21st. Kepler Capital Markets set a €37.00 ($43.53) target price on shares of Inditex SA and gave the company a “buy” rating in a research note on Thursday, September 21st. HSBC Holdings plc set a €38.00 ($44.71) price objective on shares of Inditex SA and gave the company a “buy” rating in a research report on Thursday, September 7th. Finally, S&P Global set a €35.00 ($41.18) price objective on shares of Inditex SA and gave the company a “neutral” rating in a research report on Thursday, September 21st.

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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.

Analyst Recommendations for Inditex SA (BME:ITX)

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