Inditex aims for stock market success with analysts divided
El grupo textil tiene un potencial de doble dígito en Bolsa Leer
Inditex's stock rose 0.18% to €54.58 after a 3.61% drop following the presentation of its second-quarter results. The company's accumulated loss for the year is 3.12%. Despite investors being cautious, analysts from various firms have mixed opinions on the stock, with some, such as Bankinter, recommending a neutral stance, while others, like Jefferies, set a target price of €67.
The consensus among analysts is for an 11.3% potential increase to €60.80. Inditex has reaffirmed its annual forecasts, expecting a 5% increase in commercial surface area and stable gross margin.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
