Brokerages Set Inditex SA (ITX) PT at $35.65

Shares of Inditex SA (BME:ITX) have received an average rating of “Buy” from the seventeen brokerages that are presently covering the company, MarketBeat reports. One equities research 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 1-year price objective among brokers that have issued a report on the stock in the last year is €35.65 ($41.94).

Several analysts have issued reports on the stock. Kepler Capital Markets set a €35.50 ($41.76) price target on shares of Inditex SA and gave the company a “buy” rating in a report on Wednesday, September 6th. Barclays PLC set a €38.00 ($44.71) price target on shares of Inditex SA and gave the company a “buy” rating in a report on Tuesday, September 5th. Berenberg Bank set a €35.00 ($41.18) price target on shares of Inditex SA and gave the company a “neutral” rating in a report on Monday, September 4th. Societe Generale set a €46.00 ($54.12) price target on shares of Inditex SA and gave the company a “buy” rating in a report on Monday, September 4th. Finally, J P Morgan Chase & Co set a €38.00 ($44.71) price target on shares of Inditex SA and gave the company a “buy” rating in a report on Monday, September 4th.

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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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