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Inditex (ES:ITX)
BME:ITX
Holding ES:ITX?
Track your performance easily
See the Price Targets and Ratings of:
ITX Analyst Ratings
Moderate Buy
7 Buy
3 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
ITX Stock 12 Month Forecast
Average Price Target
€49.57
▼(-2.80% Downside)
| Highest Price Target€55.00 | Average Price Target€49.57 | Lowest Price Target€41.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Citi
Reiterated
09/12/24
Barclays
Reiterated
09/12/24
Kepler Capital
Reiterated
09/11/24
RBC Capital
Assigned
09/11/24
Jefferies
Reiterated
09/11/24
Deutsche Bank
Reiterated
09/11/24
Goldman Sachs
Reiterated
09/11/24
J.P. Morgan
Reiterated
09/11/24
DZ BANK AG
Reiterated
09/05/24
Bernstein
€50
Buy
-1.96%
Downside
Reiterated
07/09/24
Inditex (0QWI) Gets a Buy from Bernstein
Telsey Advisory
€45→€47
Hold
-7.84%
Downside
Reiterated
06/06/24
Inditex (ITX:SM) (IDEXY) PT Raised to EUR47 at TelseyThe analyst commented: "Inditex's first quarter results were a bit of a mixed bag with both sales and gross margin falling short of expectations, while better-than-expected expense control made up the difference to deliver the modest earnings beat. After ten consecutive periods of impressive double-digit sales gains from 1Q21 through 2Q23, ITX has now seen sales slow to the high-single digit range in each of the past three quarters with the most challenging prior year compare ahead in Q2 (sales up 14% in 2Q23). That said, topline momentum has continued in Q2-to-date, demonstrating the strength of the company's global operating model. This, combined with tight inventory management, a quick and agile supply chain, and well-managed costs has helped ITX record operating margin expansion in six consecutive quarters. We continue to view Inditex as a best-in-class operator, outperforming peers with consistent global growth across regions and channels while driving greater sales productivity across a smaller store base. However, with persisting macro and inflationary pressures that weigh on ITX's exposure to a middle-income consumer and increasing competition across the global fashion space, including lower price fast fashion players, we maintain our Market Perform rating. On our slightly higher estimates, we raise our price target from €45 to €47, which assumes a 22.5x multiple on our two-year forward EPS estimate of €2.09, in-line with the five-year historical NTM average multiple of 22.6x."
Morgan Stanley
€39→€46
Hold
-9.80%
Downside
Reiterated
06/06/24
Inditex price target raised to EUR 46 from EUR 39 at Morgan StanleyInditex price target raised to EUR 46 from EUR 39 at Morgan Stanley
CFRA
€50→€52
Buy
1.96%
Upside
Reiterated
04/11/24
Inditex (ITX:SM) (IDEXY) PT Raised to EUR52 at CFRACFRA analyst Firdaus Ibrahim raised the price target on Inditex (ITX:SM) (OTC: IDEXY) to EUR52.00 (from EUR50.00) while maintaining a Buy rating.
HSBC
€39→€43.5
Buy
-14.71%
Downside
Reiterated
12/08/23
Inditex (ITX:SM) (IDEXF) PT Raised to EUR43.50 at HSBCHSBC analyst Paul Rossington raised the price target on Inditex (ITX:SM) (OTC: IDEXF) to EUR43.50 (from EUR39.00) while maintaining a Buy rating.
Best Analysts Covering Inditex
Which Analyst Should I Follow If I Want to Buy ES:ITX and Sell After:
1 Month
xxx
Success Rate
17/26 ratings generated profit
Average Return
+3.62%
reiterated a xxx
rating 8 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 65.38% of your transactions generating a profit, with an average return of +3.62% per trade.
3 Months
xxx
Success Rate
20/26 ratings generated profit
Average Return
+6.62%
reiterated a xxx
rating 8 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 76.92% of your transactions generating a profit, with an average return of +6.62% per trade.
1 Year
Success Rate
27/34 ratings generated profit
Average Return
+23.85%
reiterated a buy rating 8 days ago
Copying James Grzinic's trades and holding each position for 1 Year would result in 79.41% of your transactions generating a profit, with an average return of +23.85% per trade.
2 Years
xxx
Success Rate
15/15 ratings generated profit
Average Return
+34.84%
reiterated a xxx
rating 8 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +34.84% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
ITX Analyst Recommendation Trends
Rating
May 24
Jun 24
Jul 24
Aug 24
Sep 24
Strong Buy
0
0
0
0
0
Buy
13
10
9
9
9
Hold
4
6
8
9
8
Sell
1
1
1
1
1
Strong Sell
0
0
0
0
0
total
18
17
18
19
18
Each month's total comprises the sum of three months' worth of ratings.
ITX Financial Forecast
ITX Stock Forecast FAQ
What is ES:ITX’s average 12-month price target, according to analysts?
Based on analyst ratings, Inditex’s 12-month average price target is €49.57.
What is ES:ITX’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for ES:ITX, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Inditex a Buy, Sell or Hold?
Inditex has a consensus rating of Moderate Buy, which is based on 7 buy ratings, 3 hold ratings and 1 sell ratings.
What is Inditex’s share price target?
The average share price target for Inditex is €49.57. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is €55.00 ,and the lowest forecast is €41.00. The average share price target represents -2.80% Decrease from the current price of €51.
The highest analyst share price target is €55.00 ,and the lowest forecast is €41.00. The average share price target represents -2.80% Decrease from the current price of €51.
What do analysts say about Inditex?
Inditex’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 11 Wall Streets Analysts.
How can I buy shares of Inditex?
To buy shares of ES:ITX, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.