Brokerages Set Indus Holding AG (INH) Target Price at $68.08

Shares of Indus Holding AG (ETR:INH) have earned an average rating of “Buy” from the seven analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is €68.08 ($79.17).

INH has been the subject of a number of recent analyst reports. equinet set a €55.70 ($64.77) price objective on Indus and gave the stock a “neutral” rating in a research report on Thursday, September 13th. Commerzbank set a €66.00 ($76.74) price objective on Indus and gave the stock a “buy” rating in a research report on Friday, August 24th. Independent Research set a €72.00 ($83.72) price objective on Indus and gave the stock a “buy” rating in a research report on Thursday, August 16th. HSBC set a €76.00 ($88.37) price objective on Indus and gave the stock a “buy” rating in a research report on Wednesday, August 15th. Finally, Warburg Research set a €66.80 ($77.67) price objective on Indus and gave the stock a “buy” rating in a research report on Tuesday, August 14th.

Shares of ETR:INH traded down €1.50 ($1.74) on Wednesday, reaching €50.60 ($58.84). The company had a trading volume of 27,444 shares, compared to its average volume of 22,718. Indus has a 52-week low of €53.90 ($62.67) and a 52-week high of €66.20 ($76.98).

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.

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Analyst Recommendations for Indus (ETR:INH)

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