Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) Receives Average Recommendation of “Hold” from Brokerages

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) has earned a consensus recommendation of “Hold” from the ten ratings firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and four have issued a buy recommendation on the company.

A number of equities research analysts recently commented on IDEXY shares. Societe Generale reissued a “buy” rating on shares of Industria de Diseño Textil in a research report on Thursday, June 10th. Royal Bank of Canada reissued a “sector perform” rating on shares of Industria de Diseño Textil in a research report on Thursday, September 16th. Morgan Stanley reissued an “equal weight” rating on shares of Industria de Diseño Textil in a research report on Tuesday, September 21st. Barclays reissued an “equal weight” rating on shares of Industria de Diseño Textil in a research report on Thursday, September 16th. Finally, Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Industria de Diseño Textil in a research report on Thursday, September 16th.

Shares of OTCMKTS:IDEXY traded down $0.20 during trading on Monday, reaching $18.63. 129,700 shares of the stock were exchanged, compared to its average volume of 353,727. Industria de Diseño Textil has a 1-year low of $11.40 and a 1-year high of $20.20. The stock has a fifty day moving average of $17.42 and a two-hundred day moving average of $17.78. The firm has a market cap of $116.10 billion, a price-to-earnings ratio of 88.69 and a beta of 1.22.

Industria de Diseño Textil Company Profile

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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