Berenberg Bank Reaffirms Hold Rating for Inditex (IDEXY)

Berenberg Bank reaffirmed their hold rating on shares of Inditex (NASDAQ:IDEXY) in a research report released on Thursday morning, MarketBeat Ratings reports.

Separately, Zacks Investment Research upgraded shares of Inditex from a hold rating to a buy rating and set a $23.00 target price for the company in a research report on Tuesday, June 6th.

Shares of Inditex (IDEXY) opened at 19.825 on Thursday. The stock’s 50 day moving average price is $20.07 and its 200 day moving average price is $17.80. The company has a market capitalization of $123.42 billion and a price-to-earnings ratio of 33.860. Inditex has a 1-year low of $15.50 and a 1-year high of $20.80.

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