Barclays PLC Reiterates €40.00 Price Target for Inditex SA (ITX)

Barclays PLC set a €40.00 ($43.01) price target on Inditex SA (BME:ITX) in a research report released on Thursday morning. The firm currently has a buy rating on the stock.

ITX has been the subject of several other research reports. Goldman Sachs Group Inc set a €37.00 ($39.78) target price on Inditex SA and gave the stock a buy rating in a research note on Friday, December 9th. JPMorgan Chase & Co. set a €36.00 ($38.71) price objective on Inditex SA and gave the company a buy rating in a research note on Thursday, December 15th. BNP Paribas set a €36.00 ($38.71) price objective on Inditex SA and gave the company a neutral rating in a research note on Thursday, December 15th. Kepler Capital Markets set a €37.20 ($40.00) price objective on Inditex SA and gave the company a buy rating in a research note on Tuesday, February 28th. Finally, Royal Bank of Canada set a €35.00 ($37.63) price objective on Inditex SA and gave the company a buy rating in a research note on Wednesday, March 1st. Two investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of €36.85 ($39.62).

Analyst Recommendations for Inditex SA (BME:ITX)

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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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