Indus (ETR:INH) Given a €53.00 Price Target by HSBC Analysts

HSBC set a €53.00 ($61.63) price objective on Indus (ETR:INH) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also recently commented on the stock. Warburg Research set a €56.00 ($65.12) target price on shares of Indus and gave the company a buy rating in a report on Tuesday, August 13th. Independent Research set a €46.00 ($53.49) target price on shares of Indus and gave the company a neutral rating in a report on Friday, May 17th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of Buy and a consensus price target of €55.34 ($64.35).

Shares of Indus stock opened at €32.65 ($37.97) on Wednesday. The firm’s fifty day simple moving average is €36.30 and its 200-day simple moving average is €41.28. The stock has a market capitalization of $798.31 million and a price-to-earnings ratio of 11.28. Indus has a 12 month low of €33.20 ($38.60) and a 12 month high of €56.90 ($66.16). The company has a debt-to-equity ratio of 95.54, a current ratio of 1.77 and a quick ratio of 0.78.

Indus Company Profile

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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