BNP Paribas Upgrades Industria de Diseño Textil (OTCMKTS:IDEXY) to “Strong-Buy”

Industria de Diseño Textil (OTCMKTS:IDEXY) was upgraded by research analysts at BNP Paribas to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Separately, Citigroup raised Industria de Diseño Textil to a “strong-buy” rating in a report on Thursday, March 13th.

Industria de Diseño Textil Trading Up 0.5 %

Shares of OTCMKTS IDEXY opened at $27.51 on Tuesday. The stock has a market cap of $171.48 billion, a price-to-earnings ratio of 27.24, a PEG ratio of 2.38 and a beta of 1.07. Industria de Diseño Textil has a 12 month low of $22.31 and a 12 month high of $30.11. The company has a 50 day simple moving average of $26.01 and a two-hundred day simple moving average of $26.86.

Industria de Diseño Textil (OTCMKTS:IDEXY) last posted its quarterly earnings results on Wednesday, March 12th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.01). The business had revenue of $11.96 billion during the quarter, compared to analysts’ expectations of $11.13 billion. Industria de Diseño Textil had a net margin of 15.19% and a return on equity of 32.33%. Analysts forecast that Industria de Diseño Textil will post 0.99 EPS for the current year.

Industria de Diseño 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.