Independent Research set a €43.00 ($50.00) target price on Indus (ETR:INH) in a report issued on Thursday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities analysts have also issued reports on INH. Warburg Research set a €56.00 ($65.12) price target on Indus and gave the company a buy rating in a research note on Tuesday, August 13th. HSBC set a €53.00 ($61.63) price target on Indus and gave the company a buy rating in a research note on Friday, September 6th.
Shares of ETR INH opened at €38.65 ($44.94) on Thursday. The stock has a fifty day moving average price of €35.27 and a two-hundred day moving average price of €40.34. The company has a debt-to-equity ratio of 100.81, a quick ratio of 0.73 and a current ratio of 1.67. The firm has a market cap of $945.01 million and a P/E ratio of 14.54. Indus has a 1 year low of €31.30 ($36.40) and a 1 year high of €54.40 ($63.26).
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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