Goldman Sachs Group Inc set a €37.00 ($39.78) price target on Inditex SA (BME:ITX) in a research report sent to investors on Thursday. The brokerage currently has a buy rating on the stock.

A number of other research firms have also weighed in on ITX. Deutsche Bank AG set a €35.00 ($37.63) target price on Inditex SA and gave the company a neutral rating in a research note on Monday, February 27th. BNP Paribas set a €36.00 ($38.71) target price on Inditex SA and gave the company a buy rating in a research note on Thursday, March 9th. Barclays PLC set a €40.00 ($43.01) target price on Inditex SA and gave the company a buy rating in a research note on Thursday, March 16th. S&P Global set a €35.00 ($37.63) target price on Inditex SA and gave the company a buy rating in a research note on Wednesday, March 15th. Finally, Royal Bank of Canada set a €35.00 ($37.63) price target on Inditex SA and gave the company a buy rating in a research report on Wednesday, March 1st. Two analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Inditex SA presently has an average rating of Buy and a consensus target price of €36.85 ($39.62).

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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.

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