Kepler Capital Sticks to Its Buy Rating for Inditex (0QWI)
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According to TipRanks, Egusquiza is a 5-star analyst with an average return of 11.1% and a 61.88% success rate.
In addition to Kepler Capital , Inditex also received a Buy from Jefferies's James Grzinic in a report issued on June 11. However, yesterday, Barclays reiterated a Hold rating on Inditex (LSE: 0QWI).
Based on Inditex's latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of €9.92 billion and a net profit of €1.47 billion. In comparison, last year the company earned a revenue of €9.24 billion and had a net profit of €1.35 billion
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0QWI in relation to earlier this year.
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