HSBC set a €50.00 ($58.14) target price on Indus (ETR:INH) in a report issued on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other analysts have also recently commented on INH. Independent Research set a €39.00 ($45.35) price objective on Indus and gave the company a neutral rating in a research report on Tuesday, October 15th. Warburg Research set a €51.00 ($59.30) price objective on Indus and gave the company a buy rating in a research report on Tuesday, October 15th.
Shares of ETR:INH opened at €35.00 ($40.70) on Friday. The company has a market cap of $855.77 million and a P/E ratio of 13.17. The company has a debt-to-equity ratio of 100.81, a current ratio of 1.67 and a quick ratio of 0.73. Indus has a 1 year low of €31.30 ($36.40) and a 1 year high of €49.85 ($57.97). The stock’s fifty day moving average price is €36.62 and its 200-day moving average price is €39.25.
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.
See Also: Compound Interest
Receive News & Ratings for Indus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Indus and related companies with MarketBeat.com's FREE daily email newsletter.