INDUS Holding AG (INH) Receives Average Rating of “Buy” from Analysts

INDUS Holding AG (ETR:INH) has received a consensus recommendation of “Buy” from the seven brokerages that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is €71.26 ($84.83).

Several analysts have weighed in on INH shares. set a €72.00 ($85.71) price objective on INDUS and gave the stock a “buy” rating in a report on Monday, November 6th. Commerzbank set a €78.00 ($92.86) price objective on INDUS and gave the stock a “buy” rating in a report on Wednesday, November 1st. Deutsche Bank set a €68.00 ($80.95) price objective on INDUS and gave the stock a “buy” rating in a report on Monday, October 23rd. Independent Research set a €74.00 ($88.10) price objective on INDUS and gave the stock a “buy” rating in a report on Friday, August 25th. Finally, HSBC set a €78.00 ($92.86) price objective on INDUS and gave the stock a “buy” rating in a report on Wednesday, November 15th.

Shares of INDUS (ETR INH) opened at €61.23 ($72.89) on Friday. INDUS has a twelve month low of €50.08 ($59.62) and a twelve month high of €65.29 ($77.73).

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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.

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