Indus Holding AG (INH) Receives Average Recommendation of “Buy” from Brokerages

Indus Holding AG (ETR:INH) has received an average recommendation of “Buy” from the seven analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is €70.22 ($86.69).

A number of equities research analysts recently commented on the stock. Warburg Research set a €66.80 ($82.47) target price on shares of Indus and gave the company a “buy” rating in a research report on Wednesday. Commerzbank set a €66.00 ($81.48) target price on shares of Indus and gave the company a “buy” rating in a research report on Wednesday. Independent Research set a €74.00 ($91.36) target price on shares of Indus and gave the company a “buy” rating in a research report on Monday, March 5th. Finally, Deutsche Bank reissued a “buy” rating on shares of Indus in a research report on Friday, February 23rd.

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ETR:INH opened at €57.30 ($70.74) on Friday. Indus has a 52 week low of €53.90 ($66.54) and a 52 week high of €66.20 ($81.73).

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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.

Analyst Recommendations for Indus (ETR:INH)

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