INDUSTRIA DE DI/ADR (OTCMKTS:IDEXY) Upgraded by Zacks Investment Research to Hold

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INDUSTRIA DE DI/ADR (OTCMKTS:IDEXY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Thursday, Zacks.com reports. The brokerage presently has a $19.00 target price on the stock. Zacks Investment Research‘s price target suggests a potential upside of 11.76% from the stock’s current price.

According to Zacks, “Industria de Diseño Textil, S.A., is a fashion retailer operating worldwide. The company also involves in the business of textile designing, manufacturing, and distribution. It welcomes its shoppers at its various store formats, such as Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe . It has several stores in several countries. Industria de Diseño Textil, S.A. is headquartered in Arteixo, Spain. “

Separately, ValuEngine downgraded INDUSTRIA DE DI/ADR from a “hold” rating to a “sell” rating in a research report on Thursday, December 12th.

INDUSTRIA DE DI/ADR stock opened at $17.00 on Thursday. INDUSTRIA DE DI/ADR has a 1-year low of $13.29 and a 1-year high of $18.00. The firm has a market capitalization of $105.97 billion, a price-to-earnings ratio of 26.15, a P/E/G ratio of 3.67 and a beta of 1.17. The company has a current ratio of 1.27, a quick ratio of 0.95 and a debt-to-equity ratio of 0.40. The firm has a 50 day simple moving average of $17.44 and a 200 day simple moving average of $15.97.

About INDUSTRIA DE DI/ADR

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household textile products through various commercial concepts. Its retail concepts include Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe. The company operates 7,490 physical stores in 96 markets; and online stores in 156 markets.

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