Inditex SA (BME:ITX) has been given a €37.00 ($44.05) price target by investment analysts at Royal Bank Of Canada in a report released on Friday. The brokerage currently has a “buy” rating on the stock.

Several other research analysts have also weighed in on the company. Goldman Sachs Group, Inc. (The) set a €40.50 ($48.21) target price on Inditex SA and gave the stock a “buy” rating in a report on Thursday. J P Morgan Chase & Co set a €40.00 ($47.62) target price on Inditex SA and gave the stock a “buy” rating in a report on Thursday, August 3rd. Citigroup Inc. set a €41.50 ($49.40) target price on Inditex SA and gave the stock a “buy” rating in a report on Thursday, June 15th. Berenberg Bank set a €37.00 ($44.05) target price on Inditex SA and gave the stock a “neutral” rating in a report on Thursday, June 15th. Finally, UBS AG set a €32.50 ($38.69) target price on Inditex SA and gave the stock a “neutral” rating in a report on Wednesday, June 14th. Four equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of €38.29 ($45.59).

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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.

Analyst Recommendations for Inditex SA (BME:ITX)

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