Inditex (ITX) PT Set at €32.00 by Royal Bank of Canada

Inditex (BME:ITX) received a €32.00 ($37.21) price objective from investment analysts at Royal Bank of Canada in a note issued to investors on Monday, November 12th. The brokerage currently has a “buy” rating on the stock.

Several other equities research analysts have also recently weighed in on ITX. Goldman Sachs Group set a €30.00 ($34.88) target price on Inditex and gave the stock a “buy” rating in a research note on Friday, November 9th. UBS Group set a €33.00 ($38.37) target price on Inditex and gave the stock a “buy” rating in a research note on Thursday, September 13th. JPMorgan Chase & Co. set a €35.00 ($40.70) target price on Inditex and gave the stock a “buy” rating in a research note on Thursday, September 13th. HSBC set a €34.00 ($39.53) target price on Inditex and gave the stock a “buy” rating in a research note on Thursday, September 13th. Finally, Kepler Capital Markets set a €30.30 ($35.23) target price on Inditex and gave the stock a “buy” rating in a research note on Wednesday, September 12th. Three research analysts have rated the stock with a sell rating and fourteen have assigned a buy rating to the company. Inditex has an average rating of “Buy” and an average target price of €31.24 ($36.32).

Inditex has a 52 week low of €23.00 ($26.74) and a 52 week high of €36.90 ($42.91).

About Inditex

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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Analyst Recommendations for Inditex (BME:ITX)

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