HSBC set a €78.00 ($92.86) price objective on INDUS (ETR:INH) in a research report sent to investors on Wednesday, November 15th. The firm currently has a buy rating on the stock.
Several other equities analysts have also recently commented on INH. Commerzbank set a €53.00 ($63.10) target price on INDUS and gave the stock a buy rating in a research report on Monday, August 14th. Deutsche Bank set a €68.00 ($80.95) target price on INDUS and gave the stock a buy rating in a research report on Tuesday, August 15th. Warburg Research set a €64.30 ($76.55) target price on INDUS and gave the stock a neutral rating in a research report on Wednesday, August 16th. Independent Research set a €74.00 ($88.10) price objective on INDUS and gave the stock a buy rating in a report on Friday, August 25th. Finally, set a €72.00 ($85.71) price objective on INDUS and gave the stock a buy rating in a report on Wednesday, August 2nd. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. INDUS presently has an average rating of Buy and a consensus target price of €71.26 ($84.83).
INDUS (ETR:INH) traded up €0.41 ($0.49) during trading on Wednesday, reaching €61.64 ($73.38). The company had a trading volume of 13,454 shares, compared to its average volume of 36,777. INDUS has a twelve month low of €50.08 ($59.62) and a twelve month high of €65.29 ($77.73).
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INDUS Company Profile
INDUS Holding AG is a private equity firm specializing in mergers and acquisitions and corporate spin-offs. The firm does not invest in retail and service companies, pure trading or consumer goods businesses, companies with significant dependencies on individual business partners, start-ups, turnarounds, mature businesses, and companies undergoing restructuring.
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