Inditex (ITX) PT Set at €30.00 by Goldman Sachs Group

Goldman Sachs Group set a €30.00 ($34.88) price objective on Inditex (BME:ITX) in a research report released on Friday. The firm currently has a buy rating on the stock.

Several other equities analysts have also commented on the stock. Royal Bank of Canada set a €32.00 ($37.21) price objective on shares of Inditex and gave the company a buy rating in a research report on Monday, October 15th. UBS Group set a €33.00 ($38.37) price objective on shares of Inditex and gave the company a buy rating in a research report on Thursday, September 13th. JPMorgan Chase & Co. set a €35.00 ($40.70) price objective on shares of Inditex and gave the company a buy rating in a research report on Thursday, September 13th. HSBC set a €34.00 ($39.53) price objective on shares of Inditex and gave the company a buy rating in a research report on Thursday, September 13th. Finally, Kepler Capital Markets set a €30.30 ($35.23) price objective on shares of Inditex and gave the company a buy rating in a research report on Wednesday, September 12th. Three equities research analysts have rated the stock with a sell rating and fourteen have given a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of €31.11 ($36.18).

ITX stock traded up €0.31 ($0.36) during trading on Friday, hitting €25.76 ($29.95). 6,460,000 shares of the company’s stock traded hands, compared to its average volume of 4,960,000. Inditex has a 52 week low of €23.00 ($26.74) and a 52 week high of €36.90 ($42.91).

About Inditex

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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Analyst Recommendations for Inditex (BME:ITX)

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