Morgan Stanley Reiterates €29.50 Price Target for Inditex SA (ITX)

Morgan Stanley set a €29.50 ($31.72) target price on Inditex SA (BME:ITX) in a research report report published on Thursday morning. The brokerage currently has a neutral rating on the stock.

ITX has been the topic of several other reports. JPMorgan Chase & Co. set a €36.00 ($38.71) target price on Inditex SA and gave the stock a buy rating in a report on Friday, November 25th. Deutsche Bank AG set a €33.00 ($35.48) price target on Inditex SA and gave the stock a neutral rating in a research report on Thursday, November 24th. Goldman Sachs Group Inc set a €37.00 ($39.78) price target on Inditex SA and gave the stock a buy rating in a research report on Thursday, December 15th. BNP Paribas set a €36.00 ($38.71) price target on Inditex SA and gave the stock a neutral rating in a research report on Thursday, December 15th. Finally, Kepler Capital Markets set a €37.20 ($40.00) price target on Inditex SA and gave the stock a buy rating in a research report on Tuesday, February 28th. Two equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Inditex SA presently has an average rating of Buy and a consensus price target of €36.85 ($39.62).

Analyst Recommendations for Inditex SA (BME:ITX)

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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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