Indus Holding AG (INH) Receives Average Recommendation of “Buy” from Brokerages

Indus Holding AG (ETR:INH) has earned a consensus recommendation of “Buy” from the seven research firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is €71.26 ($87.97).

Several equities research analysts have weighed in on the stock. Independent Research set a €74.00 ($91.36) price target on shares of Indus and gave the company a “buy” rating in a research report on Friday, November 17th. Commerzbank set a €78.00 ($96.30) price target on shares of Indus and gave the company a “buy” rating in a research report on Wednesday, November 15th. Warburg Research set a €64.30 ($79.38) price target on shares of Indus and gave the company a “neutral” rating in a research report on Tuesday, November 14th. set a €72.00 ($88.89) price target on shares of Indus and gave the company a “buy” rating in a research report on Monday, November 6th. Finally, Deutsche Bank set a €68.00 ($83.95) price target on shares of Indus and gave the company a “buy” rating in a research report on Monday, October 23rd.

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 price-to-earnings ratio of 17.36. Indus has a 12-month low of €53.90 ($66.54) and a 12-month high of €66.20 ($81.73).

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About Indus

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.

Analyst Recommendations for Indus (ETR:INH)

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