Inditex (ITX) PT Set at €32.50 by Deutsche Bank

Inditex (BME:ITX) has been assigned a €32.50 ($40.12) price objective by Deutsche Bank in a research report issued on Monday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 21.04% from the stock’s current price.

Several other research analysts have also weighed in on the company. Royal Bank of Canada set a €32.00 ($39.51) price target on Inditex and gave the company a “buy” rating in a research report on Thursday. Macquarie set a €37.00 ($45.68) price target on Inditex and gave the company a “buy” rating in a research report on Friday, January 26th. HSBC set a €37.00 ($45.68) price target on Inditex and gave the company a “buy” rating in a research report on Friday, December 15th. JPMorgan Chase & Co. set a €38.00 ($46.91) price target on Inditex and gave the company a “buy” rating in a research report on Thursday, December 14th. Finally, UBS Group set a €35.00 ($43.21) price target on Inditex and gave the company a “buy” rating in a research report on Thursday, December 14th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of €34.72 ($42.87).

Inditex (BME:ITX) opened at €26.85 ($33.15) on Monday. Inditex has a one year low of €25.97 ($32.06) and a one year high of €36.90 ($45.56). The stock has a market capitalization of $83,680.00 and a price-to-earnings ratio of 25.33.

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Inditex 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 (BME:ITX)

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