Indus Holding AG (ETR:INH) has earned an average rating of “Buy” from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is €71.26 ($87.97).
INH has been the topic of a number of analyst reports. set a €72.00 ($88.89) target price on shares of Indus and gave the stock a “buy” rating in a report on Monday, November 6th. Commerzbank set a €78.00 ($96.30) target price on shares of Indus and gave the stock a “buy” rating in a report on Wednesday, November 1st. equinet set a €64.50 ($79.63) target price on shares of Indus and gave the stock a “neutral” rating in a report on Thursday, November 23rd. HSBC set a €78.00 ($96.30) target price on shares of Indus and gave the stock a “buy” rating in a report on Wednesday, November 15th. Finally, Warburg Research set a €64.30 ($79.38) target price on shares of Indus and gave the stock a “neutral” rating in a report on Tuesday, November 14th.
Shares of Indus (ETR INH) opened at €60.60 ($74.81) on Friday. The firm has a market cap of $1,470.00 and a P/E ratio of 17.36. Indus has a twelve month low of €53.90 ($66.54) and a twelve month high of €66.20 ($81.73).
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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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