Indus Holding AG (INH) Given Consensus Recommendation of “Buy” by Analysts

Indus Holding AG (ETR:INH) has earned an average recommendation of “Buy” from the seven research firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is €71.26 ($84.83).

Several research firms have recently commented on INH. Independent Research set a €74.00 ($88.10) price target on shares of Indus and gave the company a “buy” rating in a report on Friday, November 17th. HSBC set a €78.00 ($92.86) price target on shares of Indus and gave the company a “buy” rating in a report on Wednesday, November 15th. Commerzbank set a €78.00 ($92.86) price target on shares of Indus and gave the company a “buy” rating in a report on Wednesday, November 15th. set a €72.00 ($85.71) price target on shares of Indus and gave the company a “buy” rating in a report on Monday, November 6th. Finally, Deutsche Bank set a €68.00 ($80.95) price target on shares of Indus and gave the company a “buy” rating in a report on Monday, October 23rd.

Shares of Indus (ETR INH) opened at €64.50 ($76.79) on Monday. Indus has a one year low of €50.73 ($60.39) and a one year high of €65.29 ($77.73). The stock has a market cap of $1,580.00 and a price-to-earnings ratio of 18.48.

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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.

Analyst Recommendations for Indus (ETR:INH)

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