Indus Holding AG (ETR:INH) has earned an average rating of “Buy” from the seven research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is €70.22 ($86.69).
A number of equities analysts have commented on the stock. Deutsche Bank restated a “buy” rating on shares of Indus in a research note on Friday, February 23rd. Commerzbank set a €78.00 ($96.30) target price on shares of Indus and gave the stock a “buy” rating in a research note on Thursday, February 22nd. Warburg Research set a €65.20 ($80.49) target price on shares of Indus and gave the stock a “neutral” rating in a research note on Thursday, February 22nd. Finally, Independent Research set a €74.00 ($91.36) target price on shares of Indus and gave the stock a “buy” rating in a research note on Monday, March 5th.
Shares of INH stock opened at €57.30 ($70.74) on Friday. Indus has a one year low of €53.90 ($66.54) and a one year high of €66.20 ($81.73).
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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