Berenberg Bank set a €24.00 ($28.24) price objective on Inditex SA (BME:ITX) in a report issued on Friday morning. The brokerage currently has a sell rating on the stock.

Several other equities research analysts also recently commented on the stock. Goldman Sachs Group, Inc. (The) set a €40.50 ($47.65) price objective on shares of Inditex SA and gave the stock a buy rating in a research note on Thursday, August 31st. UBS AG set a €32.50 ($38.24) price objective on shares of Inditex SA and gave the stock a neutral rating in a research note on Friday, September 1st. Credit Suisse Group set a €25.00 ($29.41) price objective on shares of Inditex SA and gave the stock a sell rating in a research note on Friday, September 1st. J P Morgan Chase & Co set a €40.00 ($47.06) price objective on shares of Inditex SA and gave the stock a buy rating in a research note on Thursday, August 3rd. Finally, Societe Generale set a €46.00 ($54.12) price objective on shares of Inditex SA and gave the stock a buy rating in a research note on Monday, September 4th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the stock. Inditex SA currently has a consensus rating of Hold and a consensus target price of €35.00 ($41.18).

Inditex SA (BME:ITX) opened at €29.50 ($34.71) on Friday. Inditex SA has a 1-year low of €29.00 ($34.12) and a 1-year high of €36.90 ($43.41).

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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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