Bryan Garnier - Inditex (ITX SM) (ITX SM) INDITEX: Optimism in the near- and medium-term | BUY | EUR33

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Bryan Garnier

Cedric Rossi

INDITEX: Optimism in the near- and medium-term | BUY | EUR33

INDITEX - BUY | EUR33(+25%)
Optimism in the near- and medium-term

H2 2018 LFL guidance is achievable in our view
Minor adjustments to our P&L forecasts
Omnichannel approach is reinforced
Buy recommendation and FV of EUR33 reiterated

13/12/2018 4 EN

Underlying

Inditex (ITX SM)

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Provider

Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

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Analysts

Cedric Rossi

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INDITEX: Optimism in the near- and medium-term | BUY | EUR33

INDITEX: 1Q’25 RESULTS (ANÁLISIS BANCO SABADELL)

INDITEX: RDOS. 1T’25 (ANÁLISIS BANCO SABADELL)

IBERIAN DAILY 11 JUNE (ANÁLISIS BANCO SABADELL)

Deliveroo: strengthening growth/margin profile ahead of DoorDash deal

Valneva : FDA lifts age restriction on IXCHIQ

Ahold Delhaize: navigating investments and FX headwinds well

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