Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY – Get Rating) – Investment analysts at Telsey Advisory Group cut their FY2023 earnings per share (EPS) estimates for Industria de Diseño Textil in a research note issued on Thursday, September 15th. Telsey Advisory Group analyst D. Telsey now expects that the company will earn $0.65 per share for the year, down from their previous forecast of $0.66. The consensus estimate for Industria de Diseño Textil’s current full-year earnings is $0.66 per share. Telsey Advisory Group also issued estimates for Industria de Diseño Textil’s Q1 2024 earnings at $0.15 EPS.
Other equities research analysts also recently issued reports about the company. UBS Group raised Industria de Diseño Textil from a “neutral” rating to a “buy” rating in a report on Monday, July 18th. Royal Bank of Canada upped their target price on Industria de Diseño Textil from €27.00 ($27.55) to €29.00 ($29.59) and gave the stock an “outperform” rating in a research report on Thursday, June 9th. Citigroup raised Industria de Diseño Textil from a “neutral” rating to a “buy” rating in a research report on Monday, September 12th. Berenberg Bank decreased their price target on Industria de Diseño Textil from €26.00 ($26.53) to €22.50 ($22.96) in a research note on Wednesday, September 7th. Finally, Credit Suisse Group upped their price target on Industria de Diseño Textil from €20.50 ($20.92) to €21.50 ($21.94) and gave the stock an “underperform” rating in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $25.56.
Industria de Diseño Textil Stock Up 1.2 %
Industria de Diseño Textil 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. As of July 13, 2021, the company operated 6,829 stores in 96 markets; and online stores in 216 markets.
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