Indus Holding AG (ETR:INH) has received an average recommendation of “Buy” from the six research firms that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is €65.72 ($77.31).

Several research analysts have recently commented on the company. Independent Research GmbH set a €74.00 ($87.06) price objective on Indus Holding AG and gave the stock a “buy” rating in a report on Friday, August 25th. HSBC Holdings plc set a €72.00 ($84.71) price objective on Indus Holding AG and gave the stock a “buy” rating in a report on Wednesday, August 2nd. Commerzbank Ag set a €53.00 ($62.35) price objective on Indus Holding AG and gave the stock a “buy” rating in a report on Monday, August 14th. Deutsche Bank AG set a €68.00 ($80.00) price objective on Indus Holding AG and gave the stock a “buy” rating in a report on Tuesday, August 15th. Finally, Warburg Research set a €64.30 ($75.65) price objective on Indus Holding AG and gave the stock a “neutral” rating in a report on Wednesday, August 16th.

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Shares of Indus Holding AG (INH) traded down 3.83% during trading on Friday, reaching €59.25. The company’s stock had a trading volume of 7,044 shares. The stock’s 50-day moving average is €62.89 and its 200-day moving average is €62.87. The stock has a market cap of €1.45 billion and a P/E ratio of 17.65. Indus Holding AG has a 12-month low of €48.67 and a 12-month high of €65.13.

Indus Holding AG Company Profile

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 Holding AG (ETR:INH)

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