Independent Research Reiterates €57.00 Price Target for Indus (INH)

Independent Research set a €57.00 ($66.28) price objective on Indus (ETR:INH) in a research note released on Friday. The brokerage currently has a buy rating on the stock.

Several other analysts have also recently commented on INH. Warburg Research set a €66.80 ($77.67) price target on shares of Indus and gave the company a buy rating in a research note on Tuesday, August 14th. HSBC set a €76.00 ($88.37) price target on shares of Indus and gave the company a buy rating in a research note on Wednesday, August 15th. Commerzbank set a €66.00 ($76.74) price objective on shares of Indus and gave the company a buy rating in a research note on Friday, August 24th. Finally, equinet set a €55.70 ($64.77) price objective on shares of Indus and gave the company a neutral rating in a research note on Thursday, September 13th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of €61.10 ($71.05).

INH opened at €41.20 ($47.91) on Friday. Indus has a one year low of €53.90 ($62.67) and a one year high of €66.20 ($76.98).

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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Analyst Recommendations for Indus (ETR:INH)

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