Jefferies keeps Buy rating for Inditex stock at EUR 67.00

Published on 10/07/2026 at 09:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half sales rose 7.60 percent to EUR 19.8 billion. Inditex stock stood at EUR 54.10 on October 7, 2026 versus EUR 53.00, plus 2.08 percent.

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Inditex stock (ISIN ES0148396007) stood at EUR 54.10 at Lang & Schwarz on October 7, 2026 at 9:19 a.m. CEST, while Jefferies maintained a Buy rating with a EUR 67.00 price target on October 5, 2026, as Markets Insider reported. The target is 23.85 percent above the Lang & Schwarz price, using both values in euros.

First-half sales reached EUR 19.8 billion

Inditex reported sales of EUR 19.8 billion for the first half of 2026, up 7.60 percent from the first half of 2025. Sales in constant currency increased 9.20 percent, giving the retailer a clear comparison between reported growth and underlying trading momentum.

Net income rose 6.80 percent to EUR 3.0 billion in the first half of 2026, while the gross margin reached 58.70 percent, 0.40 percentage points higher than in the first half of 2025. Funds from operations increased 11.00 percent to EUR 4.1 billion, and free cash flow reached EUR 2.3 billion.

Jefferies sees room toward EUR 67.00

Jefferies analyst James Grzinic cited Zara's optimization potential when maintaining the Buy rating and EUR 67.00 target on October 5, 2026. The report followed the company's first-half update and placed the target above the EUR 60.39 average target shown by Investing.com for 24 analysts on its Inditex page.

Inditex also set a concrete cash distribution date. The EUR 0.875 per-share final dividend for fiscal 2025 is scheduled for payment on November 2, 2026, according to the company's interim report. The next reporting date is listed as December 2, 2026 by Investing.com.

Inditex stock stays below its yearly high

At EUR 54.10, the Lang & Schwarz price was 8.95 percent below the EUR 59.42 52-week high and 17.45 percent above the EUR 46.07 low on October 7, 2026. Market capitalization stood at EUR 167.7 billion on the same date, while the company operated 5,444 stores at the end of the first half of 2026.

The current setup combines double-digit constant-currency sales growth with a margin that expanded to 58.70 percent. For investors, the key tension is valuation against execution: the Jefferies target implies a higher level than the real-time euro quote, while the reported results show continued profit and cash-flow growth.

Price and company facts

Inditex was trading at EUR 54.10 at Lang & Schwarz on October 7, 2026 at 9:19 a.m. CEST. The price was 2.08 percent above the Madrid close of EUR 53.00 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Inditex stock.