Independent Research set a €43.00 ($50.00) price target on Indus (ETR:INH) in a research note published on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities analysts have also recently weighed in on the company. Warburg Research set a €56.00 ($65.12) price objective on Indus and gave the company a buy rating in a report on Tuesday, August 13th. HSBC set a €53.00 ($61.63) price objective on Indus and gave the company a buy rating in a report on Friday, September 6th.

Shares of ETR INH opened at €38.65 ($44.94) on Thursday. The stock has a market capitalization of $945.01 million and a price-to-earnings ratio of 14.54. The business has a 50-day moving average of €35.27 and a 200-day moving average of €40.34. The company has a debt-to-equity ratio of 100.81, a current ratio of 1.67 and a quick ratio of 0.73. Indus has a fifty-two week low of €31.30 ($36.40) and a fifty-two week high of €54.40 ($63.26).

Indus 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.

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