Industria de Diseno Textil (OTCMKTS:IDEXY) Upgraded to “Moderate Buy” at Royal Bank Of Canada

Industria de Diseno Textil (OTCMKTS:IDEXY) was upgraded by analysts at Royal Bank Of Canada from a “hold” rating to a “moderate buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other equities analysts have also recently commented on the company. UBS Group upgraded Industria de Diseno Textil from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 17th. Berenberg Bank upgraded Industria de Diseno Textil to a “strong-buy” rating in a research report on Friday, August 1st. Four analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat, Industria de Diseno Textil presently has an average rating of “Strong Buy”.

Industria de Diseno Textil Stock Down 0.2%

OTCMKTS IDEXY opened at $13.48 on Monday. Industria de Diseno Textil has a fifty-two week low of $11.56 and a fifty-two week high of $14.82. The stock has a market cap of $168.05 billion, a PE ratio of 25.68, a P/E/G ratio of 2.40 and a beta of 1.14. The business has a 50 day moving average price of $13.84 and a two-hundred day moving average price of $16.32.

Industria de Diseno Textil Company Profile

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.