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Bank of America (Merrill Lynch) downgraded Inditex (OTC:IDEXY) from Buy to Neutral in a statement released today.

Having a price of $19.15, Inditex (OTC:IDEXY) traded 0.05% higher on the day. With the last stock price close up 1.07% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Inditex has recorded a 50-day average of $19.58 and a two hundred day average of $18.99. Volume of trade was down over the average, with 1,117 shares of IDEXY changing hands under the typical 109,542

Bank of America (Merrill Lynch) has downgraded Inditex (OTC:IDEXY) from Buy to Neutral in a statement released on 9/13/2017.

Performance Chart

Inditex (OTC:IDEXY)

Inditex has a 52 week low of $15.79 and a 52 week high of $20.80 with a P/E ratio of 30.68 The company’s market cap is currently $0.

About Inditex (OTC:IDEXY)

Industria de Diseño Textil, S.A. engages in the retail and on-line distribution of clothing, footwear, accessories and household textile products through various store formats in Spain, rest of Europe, the Americas, Asia, and internationally. The company’s store formats include Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe. It operates 7,292 stores in 93 markets; and online stores in 41 markets. The company also engages in the textile manufacturing, design, real estate, and logistic activities; and provision of financial services. Industria de Diseño Textil, S.A. was founded in 1963 and is based in Arteixo, Spain.

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