Industria de Diseño Textil (OTCMKTS:IDEXY) Earns “Equal Weight” Rating from Morgan Stanley

Morgan Stanley reaffirmed their equal weight rating on shares of Industria de Diseño Textil (OTCMKTS:IDEXY) in a research report sent to investors on Tuesday, The Fly reports.

A number of other equities research analysts have also recently weighed in on the stock. Barclays reiterated an equal weight rating on shares of Industria de Diseño Textil in a research report on Thursday, September 16th. Zacks Investment Research upgraded shares of Industria de Diseño Textil from a strong sell rating to a hold rating in a research report on Wednesday, September 15th. Jefferies Financial Group upgraded shares of Industria de Diseño Textil from a hold rating to a buy rating in a report on Tuesday, September 14th. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Industria de Diseño Textil in a research note on Wednesday, September 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a sell rating on shares of Industria de Diseño Textil in a research note on Thursday, September 16th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Industria de Diseño Textil has a consensus rating of Hold.

Shares of IDEXY opened at $18.63 on Tuesday. Industria de Diseño Textil has a 1-year low of $11.40 and a 1-year high of $20.20. The stock has a market cap of $116.10 billion, a PE ratio of 88.69 and a beta of 1.22. The firm has a 50-day simple moving average of $17.42 and a two-hundred day simple moving average of $17.78.

About Industria de Diseño Textil

Industria de Diseño Textil SA engages in the retail and sale of clothing, footwear, and accessories. It operates through the following segments: ZARA, Bershka, and Other. The firm’s other brands include of Pull&Bear, Massimo Dutti, Stradivarius, Oysho, Zara Home, and Uterqüe. The company was founded by Amancio Ortega Gaona in 1963 and is headquartered in A Coruna, Spain.

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Analyst Recommendations for Industria de Diseño Textil (OTCMKTS:IDEXY)

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