Morgan Stanley set a €27.00 ($30.00) price objective on Inditex SA (BME:ITX) in a research report released on Wednesday morning. The brokerage currently has a a neutral rating on the stock.

Analyst Recommendations for Inditex SA (BME:ITX)

Several other equities research analysts also recently issued reports on ITX. Sanford C. Bernstein set a €34.00 ($37.78) price objective on shares of Inditex SA and gave the stock a buy rating in a research note on Thursday, June 16th. Goldman Sachs Group Inc. set a €37.10 ($41.22) price objective on shares of Inditex SA and gave the stock a buy rating in a research note on Tuesday, May 31st. Citigroup Inc. restated a buy rating on shares of Inditex SA in a research note on Tuesday, May 31st. JPMorgan Chase & Co. set a €33.00 ($36.67) price target on shares of Inditex SA and gave the stock a buy rating in a research note on Tuesday, May 31st. Finally, Societe Generale set a €40.00 ($44.44) price target on shares of Inditex SA and gave the stock a buy rating in a research note on Wednesday, September 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company. The company currently has a consensus rating of Buy and an average price target of €34.59 ($38.44).

Inditex SA 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.

Receive News & Ratings for Inditex SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inditex SA and related companies with Analyst Ratings Network's FREE daily email newsletter.