INDUSTRIA DE DI/ADR (IDEXY) Rating Lowered to Hold at Jefferies Financial Group

INDUSTRIA DE DI/ADR (OTCMKTS:IDEXY) was downgraded by analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a research note issued on Wednesday, March 27th, The Fly reports. Jefferies Financial Group also issued estimates for INDUSTRIA DE DI/ADR’s FY2020 earnings at $0.67 EPS, FY2021 earnings at $0.72 EPS and FY2022 earnings at $0.77 EPS.

Separately, Zacks Investment Research downgraded INDUSTRIA DE DI/ADR from a “hold” rating to a “sell” rating in a research report on Friday, December 14th.

Shares of OTCMKTS:IDEXY traded up $0.32 during midday trading on Wednesday, reaching $15.78. 162,878 shares of the company’s stock were exchanged, compared to its average volume of 106,188. The company has a market capitalization of $98.36 billion, a price-to-earnings ratio of 25.45, a PEG ratio of 3.35 and a beta of 1.03. INDUSTRIA DE DI/ADR has a fifty-two week low of $12.22 and a fifty-two week high of $17.80.

INDUSTRIA DE DI/ADR Company Profile

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 7,475 stores in 96 markets; and online stores in 49 markets.

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