Commerzbank Analysts Give Indus (INH) a €66.00 Price Target
Several other brokerages also recently weighed in on INH. HSBC set a €76.00 ($88.37) price target on Indus and gave the stock a buy rating in a report on Wednesday, August 15th. Warburg Research set a €66.80 ($77.67) price target on Indus and gave the stock a buy rating in a report on Tuesday, August 14th. Independent Research set a €72.00 ($83.72) price target on Indus and gave the stock a buy rating in a report on Thursday, August 16th. Finally, equinet set a €55.70 ($64.77) price target on Indus and gave the stock a neutral rating in a report on Thursday, September 13th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Indus currently has an average rating of Buy and an average target price of €66.10 ($76.86).
Shares of ETR INH opened at €45.45 ($52.85) on Wednesday. Indus has a 1-year low of €53.90 ($62.67) and a 1-year high of €66.20 ($76.98).
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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