Inditex SA (ITX) PT Set at €38.00 by HSBC Holdings plc
Inditex SA (BME:ITX) has been given a €38.00 ($45.24) target price by equities researchers at HSBC Holdings plc in a research report issued to clients and investors on Thursday. The firm presently has a “buy” rating on the stock.
ITX has been the subject of several other research reports. Jefferies Group LLC set a €37.00 ($44.05) price objective on shares of Inditex SA and gave the company a “buy” rating in a research report on Friday, September 1st. S&P Global set a €36.00 ($42.86) target price on shares of Inditex SA and gave the company a “neutral” rating in a research note on Wednesday, June 14th. Goldman Sachs Group, Inc. (The) set a €43.00 ($51.19) target price on shares of Inditex SA and gave the company a “buy” rating in a research note on Thursday, June 15th. Berenberg Bank set a €35.00 ($41.67) target price on shares of Inditex SA and gave the company a “neutral” rating in a research note on Monday, September 4th. Finally, Royal Bank Of Canada set a €37.00 ($44.05) target price on shares of Inditex SA and gave the company a “buy” rating in a research note on Friday, September 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of €36.94 ($43.98).
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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.
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