Royal Bank Of Canada Upgrades Industria de Diseno Textil (OTCMKTS:IDEXY) to Moderate Buy

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

IDEXY has been the subject of a number of other research reports. Berenberg Bank raised Industria de Diseno Textil to a “strong-buy” rating in a research report on Friday, August 1st. UBS Group raised shares of Industria de Diseno Textil from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 17th. Four equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat, the company has a consensus rating of “Strong Buy”.

Industria de Diseno Textil Stock Performance

IDEXY stock opened at $13.78 on Monday. The firm has a market cap of $171.79 billion, a P/E ratio of 26.25, a PEG ratio of 2.40 and a beta of 1.14. Industria de Diseno Textil has a 1 year low of $11.56 and a 1 year high of $14.82. The stock’s 50 day moving average price is $13.84 and its 200 day moving average price is $16.23.

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.