Inditex SA (ITX) Given a €36.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €36.00 ($37.89) price target on Inditex SA (BME:ITX) in a report released on Friday morning. The brokerage currently has a buy rating on the stock.

ITX has been the topic of several other reports. Societe Generale set a €40.00 ($42.11) target price on shares of Inditex SA and gave the stock a buy rating in a research note on Wednesday, September 7th. Goldman Sachs Group Inc. set a €37.00 ($38.95) target price on shares of Inditex SA and gave the stock a buy rating in a research note on Wednesday, August 31st. HSBC set a €40.00 ($42.11) target price on shares of Inditex SA and gave the stock a buy rating in a research note on Tuesday, August 23rd. Jefferies Group set a €38.00 ($40.00) target price on shares of Inditex SA and gave the stock a buy rating in a research note on Friday, October 21st. Finally, Morgan Stanley set a €27.00 ($28.42) target price on shares of Inditex SA and gave the stock a neutral rating in a research note on Wednesday, September 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the stock. Inditex SA has a consensus rating of Buy and a consensus price target of €35.25 ($37.11).

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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