Zacks: Inditex (IDEXY) Receives Consensus Rating of “Strong Buy” from Analysts

Inditex (NASDAQ:IDEXY) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Zacks has also given Inditex an industry rank of 244 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research upgraded Inditex from a “sell” rating to a “hold” rating in a research note on Thursday, March 16th.

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Inditex (NASDAQ IDEXY) traded down 0.88% on Tuesday, hitting $20.33. The stock had a trading volume of 119,715 shares. The company’s 50 day moving average is $19.90 and its 200-day moving average is $17.66. The stock has a market cap of $126.58 billion and a P/E ratio of 36.08. Inditex has a 12 month low of $15.50 and a 12 month high of $20.80.

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