Inditex SA (BME:ITX) has been assigned a €36.00 ($40.00) target price by investment analysts at JPMorgan Chase & Co. in a report released on Friday. The firm presently has a a “buy” rating on the stock.

Other research analysts have also issued research reports about the company. Societe Generale set a €40.00 ($44.44) target price on Inditex SA and gave the company a “buy” rating in a research report on Wednesday, September 7th. Goldman Sachs Group Inc. set a €37.00 ($41.11) target price on Inditex SA and gave the company a “buy” rating in a research report on Wednesday, August 31st. HSBC set a €40.00 ($44.44) target price on Inditex SA and gave the company a “buy” rating in a research report on Tuesday, August 23rd. Sanford C. Bernstein set a €34.00 ($37.78) target price on Inditex SA and gave the company a “buy” rating in a research report on Thursday, June 16th. Finally, Citigroup Inc. restated a “buy” rating on shares of Inditex SA in a research report on Tuesday, May 31st. One analyst has rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the stock. Inditex SA presently has an average rating of “Buy” and a consensus price target of €34.59 ($38.44).

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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