Indus Holding AG (INH) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Indus Holding AG (ETR:INH) have received a consensus rating of “Buy” from the seven ratings firms that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is €71.26 ($84.83).

A number of analysts recently commented on INH shares. HSBC set a €78.00 ($92.86) price target on shares of Indus and gave the company a “buy” rating in a research note on Wednesday, November 15th. equinet set a €64.50 ($76.79) price target on shares of Indus and gave the company a “neutral” rating in a research note on Thursday, November 23rd. Warburg Research set a €64.30 ($76.55) price target on shares of Indus and gave the company a “neutral” rating in a research note on Tuesday, November 14th. set a €72.00 ($85.71) price target on shares of Indus and gave the company a “buy” rating in a research note on Monday, November 6th. Finally, Commerzbank set a €78.00 ($92.86) price target on shares of Indus and gave the company a “buy” rating in a research note on Wednesday, November 1st.

Shares of Indus (INH) opened at €60.32 ($71.81) on Thursday. The stock has a market cap of $1,470.00 and a price-to-earnings ratio of 17.28. Indus has a one year low of €50.27 ($59.85) and a one year high of €65.29 ($77.73).

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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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